Chalfie24
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Support found?

COINBASE:BTCUSD   比特幣 / 美元
Good support found around the .618 fib retracement of 27/12 -> 30/12 decline & the .236 fib retracement of the 17/12 -> 22/12 decline.
Break down from channel could be a false breakout.
A break of the RSI trend line could see a pick up in bullish momentum
Could be the beginning of the 3rd wave in an elliot trend starting from 22/12 bottom.
I remain bullish but I can see the bears have some interesting analysis too at the moment. Support at 12.7 appears to be holding so far...
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Chalfie24 tigerpause
@tigerpause,
These candles on the 4H chart look promising for bulls. Need the RSI to be broken
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tigerpause Chalfie24
@Chalfie24, Agreed. The trendline that was holding down price from 20k (intersects with the high at 16.8) was broken today, presumably at the same time as one of the larger charts broached a key rsi level (50?). It's looking strong to my mind.
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I really hope, today is important for Bitcoin
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tigerpause behzad.cp
@behzad.cp, agreed - feels like a pivotal day.
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