Trendline Support and Resistance

Bitcoin fell from bullish trend line support, to bearish trend line support. With 12-hour stochs falling and daily stochs losing momentum, this likely indicates that price is headed downward.

Kommentera:

While 12-hour stochs pointing down and daily stochs beginning to turn is a bearish sign, the 2-day and lower time frames could provide bitcoin momentum for another leg up.
The 2-Day close and 4-hour will be major deciding factors.

Kommentera:

Bitcoin's two-day time frame turned up and there is bullish divergence on a two-hour time frame. It's possible price gets another push up.