Bitcoin at the moment is situated into a descending triangle which means will be a final breakdown and also a sell-off with 5400-4800 target (fib 0.236 resistence) .
After when it reach this target will be a reversal in the market( Probably RSI will be below 30 and now stoch is near at heavy oversold place).
When it reach fib 0.236 resistence can be a good long buy oportunity
BTCUSD
After when it reach this target will be a reversal in the market( Probably RSI will be below 30 and now stoch is near at heavy oversold place).
When it reach fib 0.236 resistence can be a good long buy oportunity
BTCUSD