BTC: The End is Near!

Two critical resistances which will act as new supports are labeled in green.

Critical Resistance Levels:
8750
7500

Buy Zone:
9000 -> 7600

Indicators to watch:
MACD / RSI: wait for these to reach lower levels as it did for A and C correction

Comentário:

RSI is approaching critical oversold zone on 5 min chart.

I have laddered in at 8500 support and will continue to do so if 7600 level is reached.

Currently expecting a double bottom at 8200 range.

Comentário:

Bottom found at 8000.

Must break 10.2-10.3k range in order to break DOWNWARDS channel.

Will take profit near that zone and re-buy in if it fails the breakout.