BITCOIN
Almost 10 days of sell off and we are back again at where we started 2 weeks ago. Tested the 6400 support zone and bounce off a little. Possible consolidation, legged steps before heading down again. Or consolidation between 6400 - 6800 channel till new update next week. Waiting for the RSI to dip into oversold again for another ladder entry.
News: (Current) | (Upcoming) CBOE BITCOIN ETF, Mid Aug 2018 | G20 FATF, Oct 2018
Short term moving average (day candle) : downtrend gap still wide and steep, about time for reversion to mean
RSI : nearing oversold
Depth Chart : (S) | (R)
Weekly Timeframe : -
Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.
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