hugh.gill
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BTC Time to LOAD UP for 2018?

BITTREX:BTCUSDT   Bitcoin / Tether
BTC             has had a massive run up to December. BTC             entered overbought conditions on all time frames which do not make it attractive to trader and investors. Nobody want to buy overbought stock. BTC             has had a nice pullback and is currently testing its 100 day MA and its uptrend line.

We see btc             go as low as 8500 here but we are looking for a close above the 100day MA. If this happens this is a good indicator that we will use this as support and the trend will continue with a nice slow growth into 2018.

Indicators

Daily RSI looks Good
4 hour RSI oversold
100 Day moving average support
Currently Testing its uptrend line

This in my opinion is a good time to load up on btc             for 2018.
3H and 6H on Bitfinex looks also good, what do you think?
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Been waiting for that 100 day MA... Good catch!
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