Anyway, we had been staying for long time at around 6K.
It could be a one of the most strong resistance against the moon now.
Return to the 0.618 is very encouraging to me for the confirmation of the bull market.
Until that we need to keep calm.
Good luck
It could be a one of the most strong resistance against the moon now.
Return to the 0.618 is very encouraging to me for the confirmation of the bull market.
Until that we need to keep calm.
Good luck
Note
theblockcrypto.com/2019/04/25/ny-attorney-general-sues-bitfinex-and-tether/Another tether issue occured.
We do need to watch out.
Note
Based on the weekly chart, Stoch RSI has been staying at its top area for 7weeks. It marks the 2nd historical longest period.This overbought signal look so bad for the next pump.
In spite of supposing BTC would takes its upward trend against its 2years downward market, some significant correction is needed though.
There could be a big or light dump to cool down its Stoch RSI. I guess.
Note
Still trying to breakout the 50MA.Stoch RSI is about to shows Historical longest staying at the peak area.
Return to mean is 2382.
Note
There is a CME expiration on the 1st of the May.There could be a manipulation on BTC, so don't rush to the small pump & keep watching.
Note
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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.