beninho69
Long

Time for potential bounce back ?

BITFINEX:BTCUSD   Bitcoin / Dollar
Bitcoin             -3.89% just hit 7k9 which was a previous ATH             2.29% before the quick dump of november
Log chart :Bitcoin just hit :
- 7k9 which was a previous ATH             2.29% before the quick dump of november
- his support line, this support has always been a good one for bouncing back

Stoch RSI : Stoch is really bullish in 1h, 4h and clearly oversold in 1D and 1W
Bollinger : went hardy out of the bottom band

Very quick idea, let's watch out how we close today and tomorrow, the next few days will be decisive
Kommentar: Bitcoin is doing great today, let's see how we close tonight
Kommentar: Things are looking very bearish now :
-We broke our support
-We just hit the ATH on BTCUSDLONGS , bears are now pretty strong
-The 12h death cross has confirmed
Close positions if you want to be safe, very risky periode to take any trades on BTC right now.
Let's see how we close tonight again to maybe confirm a short position, target : 5k
Kommentar: Stoch 30mn, 1H, 4H and 1D are clearly oversold, it should go up by now
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