Bull trend line scince 16-7 will it hold ?

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jan 16, 2018 10:18 PM

Let's see what's gonna happen
1- RSI approaching 30 zone which is possible reversal zone
2- This trend line is strong one holding since 16-7
3-10000 is basically a psychological value (almost 50% retracement from previous high )

Comments

Jason_Bitcoin

⋅ Jan 16, 2018 10:28 PM

Not sure about Bitstamp but that psychological value has long ago been crossed by Binance. They are coming up on testing 9k now.

fayyad

⋅ Jan 17, 2018 4:17 AM

@Jason_Bitcoin, I don't trade on bitstamp also
But it a huge chart of bitcoin since 2011
So I depend on them to know perfect reversal points