BTC/EUR: Broken out of first triangle and testing resistance

2018年10月9日

The new stable coin known as Bitcoin is looking notably better on the EUR chart than the USD chart today. The 12hr RSI is currently at 59, just below bullish, compared to USD that has fallen to 53. Low volatility is changing the times.

Currently bullish on a close above €5,800, but if selling on the USD pair continues then the EUR pair with fall towards support in the rising channel, similarly to USD.

2018年10月16日

註釋

Anyone still watching this: the price has climbed back and closed above the support trend which invalidated any immediate bearish outlook. Strong support between €5,375 and €5,475 are the levels to look out for.