Nezah

Bitcoin .. ruh.. roh....?!

BITSTAMP:BTCUSD   Bitcoin
Analysis on chart.

I'm still on 27k target, but past 2 days price action was a bit discouraging.

Resetting the RSI wouldn't be the worst idea in the world. I'm not a big fan of "praying" for things to happen though. Therefore, I would have recommended exit as price dropped out of RSI and through my support line.

Last, but definitely not least, the 50 daily SMA was still one of the smartest and easiest buys in the book.

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