Bitcoin
Updated
Very early since the Dec leg down
-Analyze of this rectangle range
-break and use of the rectangle resistance line + blue smma = ideal scenario
-break of the rectangle support, = behaviour of Btc when meeting the pink Smma
-Rsi bullish div. with a ranging Btc to be analyzed as a possibility if bottoming here
Note
The most down line around the 1300$ is here in case Bitcoin falls and settles below the pink Smma.This pink Smma is normally to be supportive like in the past, we will see.
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.