NASBTC what now?

NASBTC what now?

Right now we have seen a correction of NAS since it’s bull run, but what now?
On the 2H chart I can see a descending triangle patern. I’ve used RSI and EMA 10-20 indicators.

The RSI is currently around 50 and the price is just below the EMA 10 and EMA 20 which isn’t bullish . Either 2 scenario’s will happen.
Scenario A: Triangle pattern breaks and we might see a trend bouncing on the resistance (736 satoshis)
Scenario B: Triangle pattern breaks at the bottom and we go back to the support line (545 satoshis) where we will bounce of..

I think we will see scenario B, might be all wrong tho!
What do you think?


Published at Tue, 29 Oct 2019 10:58:15 +0000

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