kryptologic

BTC 3 Hour Chart -Where to From Here

Long
BITSTAMP:BTCUSD   Bitcoin
Tuesday 1st August

3 hour Chart

We are in the bottom range of the bollinger bands, with the bands flaring out on a red TD 8.

All the MA's are overhead.

VZO PZO is flashing a buys signal

IFIsh is flat along the bottom signalling it is oversold.

We did dip below 29K to with a wick down to @$28,842 on the TD6

TD 8 has now turned red.

I dare say we will see a final dip here in the next 6 hours before we see a bounce up, or it could be a slow grind up out of this chop range we have been watching for the last month or so.

$28,769
$28,411
$28,052

Those levels are looking juicy.

Happy sailing crypto pirates!

f.govt, f.society f.banksters f.police

Snake PLissken is clockin out.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.