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cheretic
19 Feb 2019 pukul 06.55

Crypto still not out of the woods... Penjualan

Bitcoin / DollarBitfinex

Deskripsi

A nice rally yesterday. But still trading within a large bear flag below the weekly 200 EMA which has been tested and confirmed already as resistance.

Daily RSI getting overbought and no higher high, yet.

ETH rallied as well but daily RSI on both ETH/BTC and ETH/USD in overbought territory with only a lower high printed so far on both charts.

Summary, Bear market still in effect.

Komentar

Bearish engulfing candle on the Daily.

Komentar

right after testing the top of the triangle. A fall back down to $3500 seems likely.
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