#BTC #BITCOIN IN MY EYES AND TIME TO INVESTsteemCreated with Sketch.

in #btc7 years ago

Take a look.

I realize that for #BTC, Elliot Wave might not work as well due to constant market manipulation and news. Instead, I took a more general technical analysis route and identified multiple support areas.

#BTC may just go straight to $6,000 at this rate.

It’s SO oversold (20 RSI) - how long can this last before the bounce?

I’m waiting on multiple candles to finish closing. I’m expecting the next candle to open up green on the 4 hour chart. Another 6 hours to wait.

Check out the double bottoms on RSI for #BTC.

Usually follows the same path the past week.

Bottom on C, uptrend on D, bottom on E, then bull-run.