BTC - 1W - RSI Breakout & Retest
Bitcoin is retracing, but the RSI has broken out and is heading for a retest.
There's also a divergence between the MACD histogram and price action.
Sometimes things aren’t what they seem.
If Bitcoin forms a higher low and bounces off the 0.5-0.618 Fibonacci retracement, anything is possible…
There's also a divergence between the MACD histogram and price action.
Sometimes things aren’t what they seem.
If Bitcoin forms a higher low and bounces off the 0.5-0.618 Fibonacci retracement, anything is possible…
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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.