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BTC/USD(1h)- Double Bottom & Bull Flag Play out! RSI Overbought!
Bitcoin
BTC/USD(1h)- Double Bottom & Bull Flag Play out! RSI Overbought!
By Onhodlmode
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Nov 28, 2018
5
Nov 28, 2018
Fundamental Analysis:
1. NASDAQ Futures in Q1 2019
2. Sentiment picks up
3. Miners shifting away from mining BCH to BTC
Technical Analysis:
1. Double Bottom
2. Bull Flag
3. Sustained Volume
The Bulls are not in total control yet, we will have to close above $4277 on daily candle. Confirmation on more upside will be closing above $4500.
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