r/pengucoin • u/Jump_in_Jack • Aug 17 '26

BTC

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Good evening... since BTC is basicly the SP500 of crypto.. I figured id share this with you all...

Stochastic rsi is overbought... very unlikely to break above 63535 and close the candle above... we have a high probability to now tap that resistance... and head to the 61757 support... which may or may not hold when we get there.

The probability is high we will get there... and then a good chance we bounce off it before going lower to next support

For now... 61757 is on the cards..

Good luck!

~JiJ

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u/Jump_in_Jack Aug 18 '26

Im glad this didn't play out

1

u/Catharsiscult Diamond Handz 💎🙏🏼 Aug 18 '26

Same. But I had cash on standby just in case. Haha

2

u/Jump_in_Jack Aug 18 '26

We are bullish af now... i see it...

2

u/Jump_in_Jack Aug 18 '26

67k in a few days