UnknownUnicorn4304403

Bitcoin hourly 8/21/2019 (P.M.)

BINANCE:BTCUSDT   Bitcoin / TetherUS
Im looking at the hourly right before the close today and we are fighting to stay in the triangle pattern which coincidentally merges with the .236 fib down there so it provided some support but not before we dipped all the way down to 9850. My stop loss was in serious danger earlier but the price recovered after a pretty rough start to the morning. But we have recovered some ground so we will see if the bulls can take some momentum and push those candles back up a couple of fibs. I am still cautiously optimistic but sentiment seems very mixed at this point. RSI is on the oversold side at 43. Conditions could facilitate a rise but volume is the key factor. On the hourly we have both the 50 and 200 MA to climb over not to mention the cloud. Bitcoin can bust right through it but I really thought the triangle would get invalidated today but its still in play. Daily volume today was at $19,432,766,381 and Bitcoin dominance is currently at 69.87%. I really want to see Bitcoin go up from here but we will have to see if we can bounce above the multiple different areas of resistance above us on the hourly. But WTFDIK?
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