DrDovetail

weekly close brings the weekly stochrsi on btc to the trendline

BITSTAMP:BTCUSD   Bitcoin
this trendline on the weekly stochrsi has been a valid line of both strong resistance and strong support since September 2016... .can it once again hold support and provide a momentum bounce for btc one more leg up? It's plausible but at this point more probable support will break and price action will fall back for a correction...this is one trendline to be keeping a very close eye on for sure the next 2 weeks.
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