#BTC - Some thoughts on Bitcoin new range
Updated
Interesting range as we hold 50% fib extension from last correction.
Waiting for Volume to confirm new Range as we Grind-Up respecting channel.
StochRSI Reset, descendant volume on higher lows.
Waiting for Volume to confirm new Range as we Grind-Up respecting channel.
StochRSI Reset, descendant volume on higher lows.
Note
testing support range, channel breakout so far,volume profile shows not much support below 5450,
if broken we might visit lower levels 5200-5300 next days.
Note
back to channel, expecting a retest of upper red band resistance area 6000-6100.Note
Long closed, sold some cold storage as momentum is losing strength.1.618 Fib as main resistance unbroken.
Expecting a possible pullback as 2X Fork approaches next November 15th 2017.
Interesting range to consolidate though.
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