= ELEMONT FX =
Analysis:
- Bitcoin has continued to bounce off support, confirming major support as the aqua trendline (bullish)
- Oscillator is rising from oversold (bullish)
- Expect price to retest top blue trendline, and if it breaks, a break of $10,000
Targets
1. 8,750
2. 10,000
3. 11,375
4. 13,000
Analysis:
- Bitcoin has continued to bounce off support, confirming major support as the aqua trendline (bullish)
- Oscillator is rising from oversold (bullish)
- Expect price to retest top blue trendline, and if it breaks, a break of $10,000
Targets
1. 8,750
2. 10,000
3. 11,375
4. 13,000