BTCUSD: Proximity to $28K Support Sideways Accumulation
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Hi Everyone! Looks like we could potentially be going sideways within an accumulation range between $28,000 and $33,000. If we break below the 0.5 Secondary FIB RT at $27,xxx, we could see the price potentially continue falling. However, the Red Line in the 3-Day is on the verge of going above Aqua Level 30 the next 3-Day candle. So, it’s possible to avert a daily candle closing below $27,800.
Happy Trading and Stay Awesome!
David
