Taking a look at BTC on the weekly shows us strong support at 35k. Its dipped down below 35k but has continuously closes above. Last week was the biggest dip and ended up printing a hammer candle. Lets see if THOR finds this hammer and throws it at 100k.
Weekly cross up on stochastics could prove to be very big when it does. The last time the stoch's crossed up the price was holding above the Gaussian channel and then 4x in price before any correction.
A close below the support could lead to a major drop much lower. so lets keep an eye on the stochastics and out weekly support and be ready for the next move.
Agree or disagree? leave a comment tell us why.
Thanks you
Weekly cross up on stochastics could prove to be very big when it does. The last time the stoch's crossed up the price was holding above the Gaussian channel and then 4x in price before any correction.
A close below the support could lead to a major drop much lower. so lets keep an eye on the stochastics and out weekly support and be ready for the next move.
Agree or disagree? leave a comment tell us why.
Thanks you
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