Bitcoin bounced back precisely from 0.382 Fibonacci Retracement, now trading below 9000 levels sideways, good news for altcoins if this happens longer than we expect, but not likely... Trading into a parallel channel, won't be surprised if spike happens soon to test again 9700 to 9950 levels, which is below 10000 $ psychological resistance.
RSI showing us regular bullish divergence. Expected some upside momentum and we think will be hard to get through 9950 level with the first try.
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RSI showing us regular bullish divergence. Expected some upside momentum and we think will be hard to get through 9950 level with the first try.
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Any questions? Want to join our signals and get these ideas first? Feel free to DM.
Trade closed: target reached
