BTCUSD, 6.5-7k zone and where we are now.

It seems we are bottoming,check the 6.5-7k from where we had the 1k+ pump candle.

1)RSI acts the same.
2)Price Action almost identical.

Everyone is expecting doom,i think we might have one more drop till 7900 area or consolidate here and then bounce hard.
If this happens,we had the retrace 2 from 1-5 EW and we expect a very big 3rd leg up.

Not advice :) Cheers

Kommentera:

Check the RSI: Whenever it passed 50,it played a bit around it then Boomed strong.

Buy :)