TjPark

will BTC find the momentum to break out this time?

TjPark Mis à jour   
BITFINEX:BTCUSD   Bitcoin
MEMO: Found a bullish Bat and waiting for break out. Fibonacci numbers shows 9,500~10,000 zone will be the current major resistance. therefore the first target price would be around 9~10k.
After completing the Bat pattern:
RSI were at 30s indicating oversold. Checked.
Commentaire:
Commentaire:
Currently fighting with the resistance area that starts just above 9,000. if we break the resistance and retrace somewhere above $ 9,500 ish, we might have a chance to break the Fibonacci fan 38% which I'm calling the "bad boy" right now.
Commentaire:
If we lose the pool of support than we better hope the double bottoms coming.
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