DPT:
#1 $59K @ .382% Fib
#2 $58.3K @ 50% Fib
#2 $57,622 @ 61.8% Fib
UPT:
#1 $65,159 @ 1.000 Trend-Based Fib
#2 $66,487 @ 1.136 Trend-Based Fib
#3 $67,814 @ 1.272 Trend-Based Fib
Green Bar - watching for retracement and if green bar holds as support, further upside price action may be expected. conversely, Bitcoin breaching the green bar and fails to hold as support may direct us towards the DPTs (Downside Price Targets).
Stoch RSI is at the overbought conditions.
RSI has touched the 70% level.
If you have any questions, feel free to ask away and place them on the comments section below.
More power to all your trades, my friends!
Ron
Intrepid_Trader
Bigger Picture
#1 $59K @ .382% Fib
#2 $58.3K @ 50% Fib
#2 $57,622 @ 61.8% Fib
UPT:
#1 $65,159 @ 1.000 Trend-Based Fib
#2 $66,487 @ 1.136 Trend-Based Fib
#3 $67,814 @ 1.272 Trend-Based Fib
Green Bar - watching for retracement and if green bar holds as support, further upside price action may be expected. conversely, Bitcoin breaching the green bar and fails to hold as support may direct us towards the DPTs (Downside Price Targets).
Stoch RSI is at the overbought conditions.
RSI has touched the 70% level.
If you have any questions, feel free to ask away and place them on the comments section below.
More power to all your trades, my friends!
Ron
Intrepid_Trader
Bigger Picture
Comment:
1 HR Chart
Comment:
Fulfillment of an Ascending Triangle could bring Bitcoin up to $69,750