BTC/USD - Movements as Expected 23/05/19

Heyyyyy yahh

So #BTC copping another fat rejection as discussed last post, at the neckline of our large inverted head and shoulders.

The same targets discussed weeks ago are still in play.

7,100 (unlikely to hold again)
6,300
5,700

The daily MACD has crossed downwards, and we are testing a daily RSI support which has been holding since Jan of 2019.

This needs to be broken for a clear reset in order for price to go ham afterwards.

Here is a chart of the MACD crossover, and RSI test.

These are my targets for the longer term, again must keep an eye on price action around key support regions.

Enjoy.

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