I posted previously about not getting lost in the noise on a chart. Unless algo or day trading if you honestly look at weekly chart it looks flat. For about the last month and a half weekly price has gone almost sideways. Meanwhile on the 4 hour chart people are getting heart palpitations lol. Also no matter what crypto your into you should be watching Bitcoin for market shifts.
I marked the 3 times we hit the same support and the 2 failed breakouts and a possible 3rd breakout attempt in the next 7 days. We could keep going sideways though i'll look at indicators next.
MACD still going down. RSI is around the 50 with lots of room up or down. Stoch RSI has turned bullish.
I marked the 3 times we hit the same support and the 2 failed breakouts and a possible 3rd breakout attempt in the next 7 days. We could keep going sideways though i'll look at indicators next.
MACD still going down. RSI is around the 50 with lots of room up or down. Stoch RSI has turned bullish.
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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.