BTCUSD: Continual Pattern (RSI (2))?!
I have experienced more than 10,000 forecasts on PocketOption USING RSI (2). If you look at BTC's Weekly RSI (2) you may realize that this is a Continual Pattern with BTC - meaning that Oversold/Overbought Areas follow each others consecutively.
Yet, please be notified that just before the gigantic Price Tsunami there has to be a DEEP PLUNGE as a "Reaccumulation" before the MARK UP Cycle. I do not know how long does it take, but for sure at least 50 - 70% Decrease is expected.
Yet, please be notified that just before the gigantic Price Tsunami there has to be a DEEP PLUNGE as a "Reaccumulation" before the MARK UP Cycle. I do not know how long does it take, but for sure at least 50 - 70% Decrease is expected.
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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.