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UnknownUnicorn1643710
Dec 2, 2017 1:01 PM

BCTUSD might hit New Highs 

Bitcoin / United States DollarCoinbase

Description

It has crossed its old resistance point, no showing of MACD Sell Cross, realatively low to higher RSI is a concern but may remain bullish until 9am EST as people wake up.

New Support or Over-extended resistance?


Thoughts?
Comments
JelleD
I sold 33% of my btc. I’m bearisch atm. Low volume. Maybe we go to 12500, then I’ll sell some more. But we eventually need to retest the 20 day MA. We’re extented too far
UnknownUnicorn1643710
@JelleD, Agreed. The extension with low volume worries me. Might see a bullish uptrend but historically, this comes with a large volume bear run. As the RSI and MACD rises, the inevitable fall is coming but I wonder where the new support might set.
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