$BTCUSD - healthy correction. getting ready for next upmove
See the notes on chart for details
1. Breakout most likely on or before 1st July.
2. Coming Monday should start next leg of up move
Reason :
1. RSI on 1D corrected from 80 levels
2. BTC correction is led by low volumes on daily
3. Bullish pennant in formation. Break is going to be upwards most likely
weekly and daily break below 10,400 would invalidate the entire theory.
1. Breakout most likely on or before 1st July.
2. Coming Monday should start next leg of up move
Reason :
1. RSI on 1D corrected from 80 levels
2. BTC correction is led by low volumes on daily
3. Bullish pennant in formation. Break is going to be upwards most likely
weekly and daily break below 10,400 would invalidate the entire theory.