BTCUSDT

6 Feb 2018

4-Hour time frame the price is still in the Triangle. We bounced from Fib 1 support level if the price manages to overcome resistance of Fib 0.786 and to consolidate there, then it is a good moment to enter the market. Stoch RSI indicates an oversold zone taking into account the recent rebound, the market is in bullish mood. However BTC is still manipulated by whales and in case of further decrease we will have Rising wedge patter and break of the triangle down which is a very bas sign. Be careful and take into consideration activity of the BTC address that we shared this night to make an investment decision.