Keeping it stupid simple.
BTC/USD is on an uptrend, higher highs, higher lows / 50ma above 150ma above 200ma.
Oversold on RSI.
Bounce from previous resistance + 0.618 fib level
Might pass the 10.000 level to 10250!
There are two important GAP’s marked on the chart green rectangle and red rectangle. These two are respected by market for quite some time. I think these two will play important role as the support if the pair will go up. Fibonacci retracement 61.8% level stopped losses. This pair might create some kind of cupandhandle formation in future.
Let’s see what kind of...
