slayerinstance

Daily short term view

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BITSTAMP:BTCUSD   比特币/美元
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now btc pending in the 9590 and 8900 as we expect
now what we confront?
1.from 1H chart, in the future, there is a potential rise
2.from 4H chart, the green area maybe a reverse, IF this area miss or breakout, then we drop to further deep
3. RSI and volume is still healthy
4.good news from China needs time to Digestion properly.
So in short term, I expect an rise in green area, though in long term view, we are still in down trend before we manage to get 11000