Bitcoin Long

Bitcoin may be ready for a long position. It took quite a hit, but is finding support. Both Kovach Indicators are solidly bearish, registering the smack down but the Chande, being an oscillator, is starting to curve up suggesting some support and perhaps a retracement. There is a green triangle on the Kovach Reversals Indicator which supports this.
Bitcoin (Cryptocurrency)BTCghostsquawkTechnical IndicatorskovachSupport and ResistanceTechnical Analysistechnicals

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