Update on Bitcoin. BTC-USD on July 11, 2018
July 12, 2018
#BTC
On the middle timeframes, RSI is bouncing from the oversold area and the possible reverse H&S pattern is still holding the market and gives a chance to go up further. The current support looks strong, but be careful, any impulsive breakout can be a fake signal of the further growth, in this case, it is better to use the stop orders along with the price growth.