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TLTrader
Dec 24, 2017 10:57 PM

BTC A short term buy to 15K Long

Bitcoin / U.S. dollarBitstamp

Description

Sellers have not been able to close a single 4 hr. bar below 13K. RSI is turning up. Long to 15k tgt.

Comment

Stalemate. Buyers have been unable to push and stay above resistance trend line. So chop between 13K and 15.2K. Break and close below or above these levels will clue us to the next move.
Comments
austinmfcoats
Could be a bear trap.
TLTrader
@austinmfcoats, could morph into one, time will tell.
Potatohead
it still didnt break the 50h moving average
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