BTC LOG support levels - trend analysis

11 thg 2, 2018

RSI oversold and MACD priming a move upward crossing over the EMA.

Logarithmic support level at around $7000 could be a spring to launch price to break resistance level of $9200 (26.3% fib resistance line)

If BTC closes below log support level, next support would be between $2500 -$3000


BTCUSD

11 thg 2, 2018

Ghi chú

The last two times RSI touched 30, there was a strong bounce of more than 30%, both situations occurred after a short downtrend.