BTC reached new hights over night. The price is still howering around 3100$ mark. But As per the price charts, we will see a small dump soon.
- Reached FIBO level 1.272
- Over bought already.
- Many resistance lines are going throgh 3150-3250 area.
- We are getting to a C-Clamp situation in ichimoku indicator ( where T/K lines and cloud are bit apart is a sign of over bought)
- If it holds the current value, we will see a bull flag forming but it's highy unlikely. If it holds the current value for sometime then it will try to breach 3300 mark again.
- Reached FIBO level 1.272
- Over bought already.
- Many resistance lines are going throgh 3150-3250 area.
- We are getting to a C-Clamp situation in ichimoku indicator ( where T/K lines and cloud are bit apart is a sign of over bought)
- If it holds the current value, we will see a bull flag forming but it's highy unlikely. If it holds the current value for sometime then it will try to breach 3300 mark again.
CF