AlanSantana

Bitcoin Will Produce A Super Strong Move!

BITFINEX:BTCUSD   Bitcoin
Let's have a look at the indicators for Bitcoin (BTCUSD) Weekly (W).

Here we have the RSI and STOCH on the same chart:
  • The STOCH is showing lower highs and trending down.
  • The RSI looks strong but is facing resistance right now after a lower high.
  • Both indicators are showing good potential for going lower.

The MACD is also starting to show a curve:
With a really low trading volume, the next move is going to be SUPER STRONG.

Namaste.

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