The_Cannalyst

RSI near Buying Level

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The_Cannalyst Diupdate   
BITSTAMP:BTCUSD   Bitcoin
We have seen a selloff after breaking the Support @ 13.000. - the last valid "2"
This was technical consequent und exspected:
Now the RSI has nearly reached the oversold-Region, btc is traded near the EMA 200 and we kissed the shortterm downtrends bottom edge, so we could exspect a possible countermove.
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YES!
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reached Min TP H&S
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Sentiment/momentum is still bearish
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YES!!!!!!
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RSI!
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YES!
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9400$ is the Level to watch right now! Make or Break!
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