You are viewing a single comment's thread from:
RE: Bitcoin analysis. Waiting for Bulls to Charge! (#32)
Good point @mys and thank you for your constant support! I really appreciated that.
The chart below support yout stand:
RSI is low really on day chart and approaching 30 rsi level (current reading is 33.24) but also EP165 touches long term support line and is inclined upwards. In fact all high potential EP's (from 89 to 377) are inclined upwards and this is a solid confirmation of an overall bullish trend.
Long term support line is very strong and bears will not dare to cross it, at list not for a long time if eventually this will happen, and then we are ready to launch a missile.