Smoak

Bitcoin Looks Great

Long
KRAKEN:BTCUSD   Bitcoin
A lot of people are worried about futures expiring but the chart tells otherwise. 4hr. stochastic and RSI were peaking last night as we approached resistance. Tonight we are just where we want to be. As the chart shows, I've circled where BTC was when she tested the downtrend and dropped. This time is a different scenario. Daily, 12 hr., 6 hr., 4 hr., & 2 hr. stochastic and RSI all look really good this time around (1 hr and below are oversold and offer small dips to jump in. Last but not least, ETH is falling against BTC, as are many of the other coins. Excited to see where bitcoin will go.
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