BTC Daily could not hold the Momentum
bullish trendline...But the purple box would be the
consolidation/support box at this level... also
the DeMark 9 Indicator is reading we are at the bottom or very close to it...
Support at $$39,350-$37,481 range...i can update from there. Lets see if BTC can push back. I honestly see a big possibility
that we see BTC have a slow grind
up to my purple box.
above the $40K and then $42K mark and we could
then see a retracment to the $52k-$57k price.
RSI is Overold and should be moving up.
bullish trendline...But the purple box would be the
consolidation/support box at this level... also
the DeMark 9 Indicator is reading we are at the bottom or very close to it...
Support at $$39,350-$37,481 range...i can update from there. Lets see if BTC can push back. I honestly see a big possibility
that we see BTC have a slow grind
up to my purple box.
above the $40K and then $42K mark and we could
then see a retracment to the $52k-$57k price.
RSI is Overold and should be moving up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.