moses98

[BTC/USD] What's happening with BITCOIN!?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello traders! Here we have BTC/USD. As you can see from TA we are fighting with the downtrend resistance line (dotted red line). (red dotted line) is showing a forming a descending wedge'ish pattern - I think, it's more likely, that we will follow this path down to around ~7,300USD levels (red dotted line) and then see a spike in price.

MACD & RSI indicators are starting to gain momentum.

RSI is near oversold mark.
MACD is below average.


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