As we can see BTC tested on several occasions support at approx. 7.700 USD level and its only matter of time when we are going to break it! Next level where we have support is at level approx.7.200 USD. Looking at the things how they look now, in this very moment i'm not that sure this support will hold on for long time. I would dare to say we will see BTC soon...
We are witnessing another drop and i wanted to share my views, therefore i marked line at level around 7.400 USD which i strongly believe "if" BTC continue to drop further that this line of resistance WILL hold. Not only i expect it will hold but i do expect also very strong reversal, at least 8.800 USD in next few days or lets say week or two. RSI is extremely...
Waiting to see are we going to close today outside the triangle, if so then we are waiting and hoping for reversal. Even everything is suggesting that we are going to broke 9.200 USD and experience further downfall but i still remain positive that strong reversal could happen on 9.200 USD, nevertheless the best advice is to remain patient and wait to see the...