Update to previous idea. RSI still has room to downside, same with MDAC (but we can see it curving up).
Stochastic finally got off the floor after being there unconscious for few days, but appears to be heading down again to revisit.
This should push the price down to the target box. So far it appears as we might have a typical V shape bounce of the bottom of the wedge after steep action to the downside.
To confirm trend reversal we need to get to around $9k. This is actually very doable specifically if alts will continue to bleed capital into BTC.
Current BTC dominance is @ 53.5%, I'm expecting it to get to around 60%.
Let's get this Bull season started. Trade safe my friends.
Stochastic finally got off the floor after being there unconscious for few days, but appears to be heading down again to revisit.
This should push the price down to the target box. So far it appears as we might have a typical V shape bounce of the bottom of the wedge after steep action to the downside.
To confirm trend reversal we need to get to around $9k. This is actually very doable specifically if alts will continue to bleed capital into BTC.
Current BTC dominance is @ 53.5%, I'm expecting it to get to around 60%.
Let's get this Bull season started. Trade safe my friends.