denjhanekt

Bitcoin / Dollar 120 Bitfinex

BITFINEX:BTCUSD   Bitcoin / Dolar
Mondays and Tuesdays seem to be bloody.

With that in mind, I have a green box on this chart - that's my buy box, late tomorrow - considering:

3 hits on the Aqua Blue up trend support line? (tomorrow being the 3rd hit?)

The top Red channel marker of our last 2+ months of ills (I believe the Market Markers "MMs" will tease this for psychological effect, perhaps beyond Tuesday for a bit)

.78 Fibonacci based on the past few days action - it meets too nicely with the Aqua line - begging conventional TA. Therefore I expect the MM psych piercing lower.

I will be watching MACD and RSI closely. I will be looking very close for RSI Bullish divergence - especially with action nearing the factors above (namely cross over of critical support lines and Tuesday)

--Cheers to a friend in Washington--


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