Aug 16th it went bull and had an easy 28.5% gain and is currently at a 10.5% increase from last bounce.
Auto script generated resistance is showing at 226 and a break and hold over 226 should send us up 10% to around 250 sat. Failure puts us back to around 200 sat with the possibility of going as low as 185 to 175.
This could change depending on BTC, so be cautious.
Longterm 1D, this is the 1st close over my sentiment line for the year, this may very well be the reversal point.
For now I watch and wait to see how sentiment will react to price action.
Happy Trading,
FIBAUS
Eat, Sleep, trade
