oric89

will bitcoin achieve the golden cross?

oric89 Updated   
BITSTAMP:BTCUSD   Bitcoin
its the third attempt of bitcoin to achieve a golden cross in 12H time frame.
in the same time Stoch Rsi has been oversold for the third time.

the red zone is a resistence that Bitcoin should break to see a bullish continuation
If Bitcoin can not hold this price, it is likely that we will see the bitcoin in the green zone, which is a good support where it could bounce.
otherwise we'll see it in the bottom zone.

Comment:
Bitcoin does not achieve the 12H golden cross yet. same as previous attempts.
As I said, the green zone is a strong, and the same time is the fibonacci .618 retrace... in this zone is a good chance to bounce. and if it fails, we could see bitcoin at my potential bottom zone.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.