Slightly bullish rise in Stoch RSI following an attempt to break the upper bound of the triangle last night. MACD Looks nice and tight, ready to cross over but volume has to pick up.
Best case scenario at the time of this chart is sideways movement bouncing off the channel around 380-400 then making a move up to 520. After that a slight retrace to 475 then retest all time high at 670 range. I won't make a projection beyond that. If volume does not pick up, we could see a drop back down below 300. Good project and development. Upward movement seems not a question of "if", rather "when".
These are not buy/sell suggestions, just my projections.
Best case scenario at the time of this chart is sideways movement bouncing off the channel around 380-400 then making a move up to 520. After that a slight retrace to 475 then retest all time high at 670 range. I won't make a projection beyond that. If volume does not pick up, we could see a drop back down below 300. Good project and development. Upward movement seems not a question of "if", rather "when".
These are not buy/sell suggestions, just my projections.
Comment:
We are now at the bottom of the channel., Waiting for a bounce. If it can't bounce off the channel, look for it to touch the uptrend line at around 330. If that falls then it may find support at 280 and consolidate. I don't speculate on buy/sells. I hodl.
Comment:
bounce bounce :)
Can confirm uptrend if:
1) it closes above 430 in 18-24 hours
or
2) it closes above 410 in 36-48 hours
Can confirm uptrend if:
1) it closes above 430 in 18-24 hours
or
2) it closes above 410 in 36-48 hours
Comment:
BTC keeping everything down at the moment. Still ok. We're at the trend line and the timeline still holds up. Reminder that if it breaks trend line support is around 280
