A Battle of Trendlines
Today the story on Bitcoin is quite simple from a technical perspective. We have a battle of trendlines occurring. On our price chart Bitcoin is back down to that purple ascending support. Technically, this is great news as we needed a retest here before further upmovement (if that is the current trajectory). However, there is some trouble on the RSI as we bang our heads on resistance. Which will win?
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
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