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BTC:USD: Returning to the neutral zone
Bitcoin / TetherUS
BTC:USD: Returning to the neutral zone
By dragononcrypto
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Oct 12, 2018
3
Oct 12, 2018
Despite popular belief,
BTC
is still holding within a form of pennant based on the Daily Line graph.
RSI positive divergence is still tact and currently facing resistance attempting to climb back into the neutral zone (40).
Immediate prices to watch: A break and close below $6,250 (pennant support) or a above $6,500 (pennant resistance).
Long-term descending resistance trend line is currently lined up at $6,700.
Bitcoin (Cryptocurrency)
BTCUSD
BTCUSDT
Chart Patterns
Technical Indicators
tether
Trend Analysis
dragononcrypto
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