Looking at this chart from a 1 day chart you can see the Stoch Rsi is Over bought and reaching critical overbought levels.
at this moment if bitcoin loses volume we can see bitcoin slashing through support. also by looking at a previous chart I could see that bitcoin had failed to ultimately break through resistance.
just my opinion.
any opposing options are welcomed Just please show your TA to compare opinions .
at this moment if bitcoin loses volume we can see bitcoin slashing through support. also by looking at a previous chart I could see that bitcoin had failed to ultimately break through resistance.
just my opinion.
any opposing options are welcomed Just please show your TA to compare opinions .
Note
squares show resistance rejection
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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.