BITCOIN - 25 Sep

in #busy7 years ago

Screen Shot 2019-09-26 at 12.08.41 am.png
Finally we have the breakout tat was quick, thought the 9500 would be tested for a few candles on 4hr chart. The wick bounce didnt happen though, went deep into 7800. Descending triangle breakout tgt price around 5000 (maybe a 3 leg staircase pattern down next leg around 6200) but just got a gut feel that this might be a fake and suddenly turn the opposite direction, let see the next few days. Likely some bounce consolidation to test the 200 MA around 8700 zone.

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Short term moving average (day candle) :
RSI :
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Total marketcap :
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