If it's going up 52.5 and 57 are strong levels at the 15m and 2h, look for rejection or breakout.
If it's going down from here or gets rejected strongly at the above levels, it'll probably test 40 which is strong on the 1D and 1W.
If it's going down from here or gets rejected strongly at the above levels, it'll probably test 40 which is strong on the 1D and 1W.
Note
We were holding above the EMA 520 and SMA 987 since April '20 and solidly fell under both this past week...Note
OG Fractals...![[BTC] New Fractals and PEAK RSI!](https://s3.tradingview.com/u/UwTpFaX0_mid.png)
Note
Still lookin like a 52.5 retest is probably key here...
Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
Related publications
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.