Update on Bitcoin. BTC-USD August 15, 2018

August 17, 2018


On 1 day timeframe, the market continues to follow the scenario we posted a week ago. Now we can see that the bulls are trying to push the price higher: Stoch RSI has bounced from the oversold zone and moving up, MACD will show the cross soon, that will positively affect the price growth. RSI once touch the oversold area starts to move up. The asset is ready to grow it the upper edge of the pattern (in both within the correction of the fall or the formation of the new wave of growth).

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