BTCUSD 4 HOUR TIME FRAME BTC CORRECTION IS HEALTHY BULLISH
BTC is finding support on the red dotted line on the RSI indicator. Los Angeles 3:52 AM.
Correction was needed in order to find new fibb targets. Correction is always healthy for this incredible gain. We should see a couple more corrections up until Nov 16th. I'm probably not the only person thinking that people are going to sell before or on Nov 16th hard fork to buy into the discounted alts. Right now holding BTC is the best investment especially with B2X futures trading anywhere from $1800-2000+.
What to look for:
Correction was needed in order to find new fibb targets. Correction is always healthy for this incredible gain. We should see a couple more corrections up until Nov 16th. I'm probably not the only person thinking that people are going to sell before or on Nov 16th hard fork to buy into the discounted alts. Right now holding BTC is the best investment especially with B2X futures trading anywhere from $1800-2000+.
What to look for:
- RSI stays above 60+ for bullish run.
- Price action stay above or on 50 MA. (1 Hour Time Frame)
- Price of B2X futures.
- 1 Day time frame showing exhaustion.
הערה:
Analysis complete.
הערה:
Analysis complete.
Analysis complete.
