BTC analysis for most possible direction
Didn't post yesterday, was busy
---
This is copy paste from yesterday
BTC not looking so hot atm
#BTC RSI is sinking fast
TOTAL 3 = #altcoin
Also looks weak but nowhere near as much
Facing heavy resistance
We're likely due for a lil pain from here
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TODAY
1/2
BTC @ an important area
#BTC holding @ dotted line support
#bitcoin trading UNDER Red Mov Avg for 2nd day
Buy volume lowers, sells > than buys but not much
RSI MUST NOT tread sub 50 area (middle)
We break Green Mov Avg still ok but MUST HOLD Breakaway Gap area
#crypto
2/2
What aboutBTC vs #altcoins?
TOTAL 3 = #altcoin
Staunch resistance right above
Yet holding better than #BTC
4Hr shows some buys coming back
See the Inverse head & shoulder?
Ugly but it's there
#crypto had huge run, it's okay to REST as long as it doesn't fall asleep
---
This is copy paste from yesterday
BTC not looking so hot atm#BTC RSI is sinking fast
TOTAL 3 = #altcoin Also looks weak but nowhere near as much
Facing heavy resistance
We're likely due for a lil pain from here
---
TODAY
1/2
BTC @ an important area#BTC holding @ dotted line support
#bitcoin trading UNDER Red Mov Avg for 2nd day
Buy volume lowers, sells > than buys but not much
RSI MUST NOT tread sub 50 area (middle)
We break Green Mov Avg still ok but MUST HOLD Breakaway Gap area
#crypto
2/2
What about
BTC vs #altcoins?TOTAL 3 = #altcoin Staunch resistance right above
Yet holding better than #BTC
4Hr shows some buys coming back
See the Inverse head & shoulder?
Ugly but it's there
#crypto had huge run, it's okay to REST as long as it doesn't fall asleep
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