Sicklezi

BTC Are You Still Long???

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Sicklezi 已更新   
BITSTAMP:BTCUSD   比特幣
Quick idea. There is a double bottom, and we are retesting the neckline now.
This seems to be a very strong support with the support from:
1. Neckline
2. bottom of megaphone
3. 0.25 pitch fan level
4. Accumulation area

Based on the double bottom my price target is around $67k but also marked in the chart some more price targets as a green rectangle.

One last thing is the RSI is in a support zone on the 4h and it is oversold in CCI indicating it is not very likely that the price will continue down.

Overall:
You may want to wait a little longer to see if we hold above $55k, but a long here is fairly safe and watch to take profits around $65k+.


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評論:
bullish divergence?
評論:
hope its not a false breakout, but seems like the bullish divergence was true.
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