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seildev
Nov 15, 2017 10:34 PM

BTCUSD 1HR UPDATE 

Bitcoin / U.S. dollarBitstamp

Description

Hi Seildev here

Just a quick update on BTCUSD, we have surpassed 61.8% fib overnight.

We have identified a rising wedge and our next test is around 7443. As long
as we don't pass and close full body candle on daily we are at bearish sentiment.

We have just seen on 1 hour, RSI divergence sloping down.

If we see a rebound @ 7183 we can see another bullish leg to 7600 however if 7183
is broken then we can look for short to 6415 and re-evaluate from that point.

As always, trade with a plan and safe trading.

Seildev
Comments
Benjamix
Great analyses, thanks for sharing !
seildev
@Benjamix, Thank you Benjamix. Hope you have a great day
Folder5
Interesting, following.
seildev
@rolandcura, Thank you Rolandura. Hope all is well with you.
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