BTC Technical Analysis July 2nd. Target hit perfectly. Short term correction?

in #bitcoin7 years ago

IF YOU AREN'T FOLLOWING ME, YOU ARE MISSING OUT. Here's my last blog where I said we are about to hit $6,600 --> https://steemit.com/life/@topcoin/bitcoin-btc-june-25-technical-analysis-are-we-going-up-finally

It took a few days, but we hit our target perfectly. Bitcoin is currently sitting above $6,600.
It ain't no magic, it's technical analysis.

  • We are currently at resistance, I believe a short term correction is due. When I say short term, I mean anywhere from hours to couple of days.
  • RSI is looking very bullish on 12 hr chart. Broke above resistance.
  • Overall BTC is looking very bullish. No targets until I can confirm elliot waves clearly.

candles.png
rsi.png

Also look at this 30 min chart below for possible short term correction.
30 min.png