Cryptocurrencies Strategy Trends

BITCOIN: Buy order at 9700 USD Filled…

...but still I think BTC can touch the 9400 USD support since there is still margin on the RSI to reach an oversold condition...

As I said yesterday, every drop of the market is now an opportunity for the accumulation during Bull Trends.


I have filled one of my Buy Orders at 9700 USD and it seems that BITCOIN found some support at 9660 USD, just a little below and above what I considered as the end of the A-B-C correction at 9400USD...


Volume on the 4h chart seems willing to recover also so the correction may be done, however it is not yet confirmed...


I would like to see the resistance of 11300 broken in order to get the final confirmation.


Enjoy!


@toofasteddie


Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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