Just a follow up on the previous post with some additional information based on ideas others have posted and what they see as key levels (mentioned in the previous post)
The additional main points are on the chart (Look at the 12 HRLY Chart) + the comments below, to the previous post.
a) RSI and MACD both state a BULLISH divergence b) An expectation of a strong bounce around the 10K line, indicating a possible strong response\bounce (helping the bullish divergence come to play) c) Resulting into a possible Inverse Head and Shoulder
Better view:
Previous post:
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Price to drop now with a Hidden Bear Div. Lets hope it hits 9800 or about to max. our BTC no. At that point, lets hope it has a Bullish Div.
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Trade closed manually
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The RSI or other momentum indicators suggested in this downtrend that this section is difficult to pass and will be the main resistance for a long time.