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CryptoBobbie1

Bitcoin reversal imminent (Buy opportunity)

Long
Bitcoin (BITFINEX:BTCUSD)  
CryptoBobbie1  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Bitcoin (Cryptocurrency) reversal Doji tdsequential Bullish Patterns LONG crypto oversold
4
2
trendanalysis chartpattern bitcoin reversal doji tdsequential bullish long crypto oversold
-50 week moving-average is showing support (6600)
-4hr candle higher low in the falling wedge (blue).
-TD sequential is indicating reversal at a daily 9
-RSI in oversold area.

I expect the price to test the top of the wedge at around (7400) if price can break these levels I expect Bitcoin to bounce up further towards the linear uptrend line (yellow) at (7800) and the longer term downtrending line at (8200).


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