Bitcoin has bounced perfectly, potential for further rise!
Bitcoin has bounced perfectly above our major support at 9119 (fibonacci retracement, extension, pullback support) and has also made a bullish exit of our descending resistance-turned-support line. This could potentially lead to a rise to 11813 resistance (Fibonacci retracement, extension, horizontal overlap resistance).
Stochastic (55,5,3) has bounced nicely from 6.8% with good upside potential.
Stochastic (55,5,3) has bounced nicely from 6.8% with good upside potential.
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