stamoyo

BTC/USD Plausible price action

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BITFINEX:BTCUSD   比特币
The B-Coin seems to be bordered between 2 heavy support and resistance lines. The price currently nears the support line and the RSI has gone oversold. In the past, after being oversold, the index used to make a bullish divergence before the price heading for the sky. It makes it much likely to have the same plot right now. We can wait for the divergence and then execute bull purchases. In case the price goes up we have nothing to do but wait and see what will happen next.

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