BTC losing steam and technicals pointing to a big correction back to the trend line (or towards the 50 sma line)
BCC is running as the inverse and is due for a massive spike which it has already started making moves on
BCC consolidating with strong support.
BTC on 12 hour chart is topped out and due for a big correction soon. BCC has been working in inverse so when BTC drops BCC will boost. My guess is a spike to at least the 0.5 FIB. Or it could just drop away to nothing lol, who knows.
RSI is also holding steady and showing signs of support
omg bullish, with MACD crossover on 12H chart.
RSI and Stock RSI now pushing into the bullish direction,
might see a slight pull back soon in order to push up to 0.003
Q4 exchange will go live and rumours of apple facePay connections will push price sky high
This is my first attempt at this, just an observation.
MACD and STOCH are oversold looking to change direction to swing back up.
There seems to be a six day cycle/wave of peaks and troughs, currently heading to the tail end before price rises again.
Could bounce back to above 300 starting the 3rd July.
Let me know if you have any thoughts
this i my first crack at this.
MACD and STOCH are gearing up for change of direction.
6 day wave happening, with current downtrend ready to finish by 3rd July.
Support and resitence as shown, could go back up towards 300 dollar mark, then not sure which way...
Let me know your thoughts