Looking at the daily after the close and we havent bounced off the bottom of the triangle like I had assumed it would. The RSI is sort of in the middle so I suppose it has room to go up but the volume today has been lacking. But its the weekend. We seem to be encountering some resistance at the .236 fib on the chart. As time passes we will either break out of this triangle pattern (down) or we will breach the .236 fib and stay in the triangle. The 50 MA is also above the candles and will likely provide some resistance if we decide to move up. We also have the cloud directly above us. Bitcoin can easily break through all this resistance but it will need some volume. Speaking of volume daily volume today was $13,588,658,122 and Bitcoin dominance is currently at 70%. It was pretty boring today. (WTFDIK?)
nowadays i study about stochlastic osilator. according to 1d, 4h, 1h, 30min periods, i estimate it can increase for a few hours more, 1h stochlastic has fuel(apprx 3hours), 30m finished fuel, needs a little increase, 4h keeps decreasing and it can decrease at least 24 hours more. but after that 1d and 4h stochlastics will be nearly around 20. if 1h stochlastic would be around 20 at same time, it might be a good buying opportunity. then probably it will test again bottom of 10000 but then the rise will start.