Probably it will hit 3k level and play the triangle before braking bullish
We can see in the chart the blue line is so close to the actual price. The RSI Divergence on the daily time frame looks bullish too. We can also see a brakeout of the triangle on the hourly time frame. Hopefully this will be the shift in direction at less for a short period of time.
Most of the indicators are showing divergence MACD bullish cross Money Flow Oversold And looks like we are at the bottom of the channel
This can be the Bottom of NEO Don't forget about the stop limit!
Bitcoin Cash looks like is trying to brake to the upside! we have a triangular pattern formed at the resistance line. if we get the third wave that will push us above the resistance and hopefully getting support on the EMA
6H Chart: -Money flow oversold -Stochastic RSI oversold -MACD waiting for a bullish cross -The fast MACD showing the bottom comparing to the slow MACD 2H Chart: -RSI bullish divergence -Stochastic RSI bullish divergence -Money flow Bullish divergence -MACD bullish divergence We are close to brake the triangular pattern! Hopefully in the next days
-Fibonacci retracement 0.61% -RSI Bullish divergence -Stochastic RSI Bullish divergence
Bitcoin is currently traded between a significant support (Purple line) and a major resistance (Green line) Using the fibonacci retracement we see the price at 0.61 level The 1 hour RSI looks oversold, stochastic RSI oversold, money flow at the bottom, macd extended to the downside Putting them together I expect the price to stay above 6300 looking to brake to...