Today is a red day but i dont think we have to panic, BTC has been followimg this channel this past weeks, which makes me belive the worst part is over and its time to buy alts, as they are very cheap right now.
My idea is that btc will do a cup and handle and then jump back to 20000 - 22000, after that we can expect another correction.
Indicators:
STOCH all the way down which means the market is about to turn.
RSI about to be oversold.
MACD bellow cero and getting closer to a cross and start an uptrend.
Any feedback is more than welcome.
May the trades be ever in your favor.
My idea is that btc will do a cup and handle and then jump back to 20000 - 22000, after that we can expect another correction.
Indicators:
STOCH all the way down which means the market is about to turn.
RSI about to be oversold.
MACD bellow cero and getting closer to a cross and start an uptrend.
Any feedback is more than welcome.
May the trades be ever in your favor.
Trade active:
As expected we stay in our current trading channel no we are going up. I think we will see either a correction at 18000 or a break out and jump to 20000. Tomorrow will be a better day if you bought your coins today, well done you got them on sale