Bitcoin weekend update

20 ott 2018

BTC 1/
1H Major contraction here - we are going to move
Stoch is free failing but I see a neutral tick on the RSI - this can go either way but I think it will give us enough momentum to hold onto support and break the trend line at ~6400

#BTC 2/
4H Contraction present
RSI is neutral and Stoch looks like it will bear cross
MA is pointed downward which is bearish
We could expect a drop to possibly ~6300 before retesting the trend line at ~6400
We are so close - if RSI stays on the trend line we will break

BTC 3/
1D Stoch to bull cross & head up
RSI still has a slight upward tick
I think short term RSI will give enough momentum to break ~6400
My concern isnt breaking 6400 bc I think it will happen, but maintaining it
Stoch is already close to OB & it will correct once we hit