BTC Still in Up Trend

24. Feb. 2019

Per my previous post I showed how BTC has approached a resistance with RSI over 70 and historically does not break past mid 70s usually. RSI is now bach in neutral territory and opens the door for either a break down or a tight trading range until we reach towards the end of the small pennant around end of February and very early March.

25. Feb. 2019

Anmerkung

small bounce right at Short term trend line support. Decent volume at support but still no sign that bulls are taking the reigns.