Update BTCUSD Trend Analysis - 12H
Confirmation of downtrend ‘END’ is generated when RSI crosses above 50-55 (=upper channel boundary) which is corresponding to price crossing above $6,800. Upper boundry represents RSI=60 in 4H frame.
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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.