BTC watch out!

2019年1月10日

As you see we broke 50 day MA and retraced to FIB level 0.618 and also at the very same time hitting the support in the RSI. I must say it is a very important level to watch in the RSI. I hope we get a nice bounce by tomorrow IF NOT the weekend's low volume might get us in trouble and if we manage to stay above support level I learn a 5 days side ways movement in the price. TRADE SAFE!

2019年1月13日

註釋

So as you see we did mange to stay above the 0.618 fib level and are now building a sideways structure. These situations mostly are considered as bear and bull traps. I believe sideways movement will go on for about a week. I didn't take any position so far will wait for the confirmation.