We can see here a Bullish falling wedge
pattern on the BTCUSD
pair. The 3 hour RSI
has some more room to Grow, I see Bitcoin
attempting to break resistance and fall back one more time. We are getting close to two strong support lines, the first one is holding since September '17.
Sell Range: 11850 - 12400
Buy Range: 8600 - 9400
In case we fall below the buy zone, next support will be at 5600. But there we will face a big buying pressure, so I don't expect this to happen. But you'll never know. I could also be wrong.