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gjnnn
Aug 14, 2019 9:57 PM

Can Bitcoin stay above middle support or the lower support? 

Bitcoin / U.S. dollarBitstamp

Description

See my idea above in my chart. What do you think, can we stay above the current support?

Let me know your thoughts in the comments.

Weekly RSI still has room to cool off.

MACD about to cross to sell. Daily already crossed.
Comments
Patternsisall267
I have those long term trends on my chart. If history repeats the ~125MA will be retested which is currently racing towards 9K at which point there will be a clear H&S like pattern which I think will head fake some ppl into selling. I'm thinking from 9K it will morph into a big flag and hold that middle line. If it does all break down, we'll probably be in a stock market crash and cash will be king for a short time.
MrMoneyMatrix
we shall see... im thinking that the middle channel will hold
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