UPTREND IN #BITCOIN
Bitcoin price rises in the short-term fibonacci channel.Short term uptrend line should be kept in mind.
At 9100 dollar (according to Bitstamp), there is a trend line based support level.
If it breaks this support, fibonacci channel lines below can be followed.
The slope of the histogram bar of MACD is trying to turn to up.
If it succeed, with the support of RSI and STOCH RSI, uptrend can accelerate.
Additionally uptrend line in RSI can be followed.
Possible resistance levels are: 9615, 9800, 10100, 10800
Possible support levels are: 9100, 8250, 7880
At 9100 dollar (according to Bitstamp), there is a trend line based support level.
If it breaks this support, fibonacci channel lines below can be followed.
The slope of the histogram bar of MACD is trying to turn to up.
If it succeed, with the support of RSI and STOCH RSI, uptrend can accelerate.
Additionally uptrend line in RSI can be followed.
Possible resistance levels are: 9615, 9800, 10100, 10800
Possible support levels are: 9100, 8250, 7880
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