BitcoinLong
BTC/USD Holding 8500$ Support + Bullish divergence on RSI!
Updated
Bitcoin is signaling strength on the RSI during this consolidation.
We might see a big volume spike in the near future. We will have to wait and see if this move will have any follow-through past the resistance zone
or if the bot and short-sellers push the price back down.
A short term target/profit can be made.
Resistance will be found at the fib level 0.618
Happy trading and remember;
"there'zs a difference between knowing the path and walking the path"
- Morpheus_RED
We might see a big volume spike in the near future. We will have to wait and see if this move will have any follow-through past the resistance zone
or if the bot and short-sellers push the price back down.
A short term target/profit can be made.
Resistance will be found at the fib level 0.618
Happy trading and remember;
"there'zs a difference between knowing the path and walking the path"
- Morpheus_RED
Note
Note
Resistance was hit and selling bots took overNote
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