BITCOIN The level that changes the trend
The RSI on 1D has formed an identical pattern with the February - April 2018 candle sequence.
Bitcoin failed to break the previous High made on February/March and when then RSI entered the overbought area it heavily declined to a new Low.
This time the same pattern almost broke the previous High but again failed. The moment this level breaks, BTC enters a new pattern and the trend on the medium term turns heavily bullish.
Bitcoin failed to break the previous High made on February/March and when then RSI entered the overbought area it heavily declined to a new Low.
This time the same pattern almost broke the previous High but again failed. The moment this level breaks, BTC enters a new pattern and the trend on the medium term turns heavily bullish.
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.