We highly expect BTC, and other crypto currencies to rise in the new week. We have set a buy order at 58953.85
We're still in a solid uptrend, for the time being, and based on all of our techinical tools we believe that we will see a rise again in the coming candles.
Reg our analysis, you can see everything but we will explain below:
- Fib entry of 38.2 lines up with 2 solid rejection candles
- End of volume meets 38.2
- Trendline keeping bears in control but if it breaks we could see a solid ride
- RSI is down
- Over all price action is holding bullish stance, higher highs, higher lows
What do you guys think will happen here?
We're still in a solid uptrend, for the time being, and based on all of our techinical tools we believe that we will see a rise again in the coming candles.
Reg our analysis, you can see everything but we will explain below:
- Fib entry of 38.2 lines up with 2 solid rejection candles
- End of volume meets 38.2
- Trendline keeping bears in control but if it breaks we could see a solid ride
- RSI is down
- Over all price action is holding bullish stance, higher highs, higher lows
What do you guys think will happen here?
