As indicated on my previous chart for BTC, price managed to tag the very low end of that target, and could NOT close inside the red box, thus the selling pressure began to kick in.
Also, the price is at the same juncture as before, and the RSI matches perfectly, suggesting a move back to the Bollinger Band median line...this weekend's candle close will hopefully help give us a clue as to direction!
If I was held at 'gun-point' and forced to make a decision, LOWER would be my answer, but stranger things have happened!
Cheers!
Also, the price is at the same juncture as before, and the RSI matches perfectly, suggesting a move back to the Bollinger Band median line...this weekend's candle close will hopefully help give us a clue as to direction!
If I was held at 'gun-point' and forced to make a decision, LOWER would be my answer, but stranger things have happened!
Cheers!