BTC daily zoomed in to take a look at the RSI as
well as some key areas of support. The RSI is
as oversold as it was 6 months ago, it could drop
a bit more but lets see if it can get some buy
pressure. I have listed the major areas of support
as well as showing the RSI and DeMark 9 Inidcators.
In order to really move up, we need
HUGE buy volume candles or we could retest
$17K range and even dip to $13k-$10K but
if that happens, its going to wick and be bought
up and it will rebound but thats only a possibility...
regardless, im bullish for the next 10 months for
sure!
well as some key areas of support. The RSI is
as oversold as it was 6 months ago, it could drop
a bit more but lets see if it can get some buy
pressure. I have listed the major areas of support
as well as showing the RSI and DeMark 9 Inidcators.
In order to really move up, we need
HUGE buy volume candles or we could retest
$17K range and even dip to $13k-$10K but
if that happens, its going to wick and be bought
up and it will rebound but thats only a possibility...
regardless, im bullish for the next 10 months for
sure!
