In this timeframe (1hr) we see how BTC diverge with RSI for the downside. On short timeframe its pushing down stronlgy but holding that support trendline.
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The price is not accompanying the RSI as it should be supposed to do. Be alert and carefull.
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Technically it should dip to 11K before tonight but support is holding really well and I am afraid for a short term high towards top-down trendline
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Please note that this support could represent the higher 3rd low of the move BTC made from 9K to reach the 13K
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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.