🚨PLEASE PAY ATTENTION❤️
BTC - Bitcoin 3Day 2018 RSi comparison
Please keep an eye on the RSi on the 3 Day timeframe, you will note that it is currently at a level comparable with the Nov 2018 breakdown (which resulted in a 52.09% downside move). I have marked the 2018 RSi breakdown level in turquoise at 43.67 and you will note we are currently below at 42.14.
As you can see, there is also a similar lower high scenario on the RSi which I have also marked on the chart.
Beware if you see the RSi break below 41.44 (marked in Red) as that would be the confirmation, the downside move is coming and it will be significant!
Also, note the timeframe between ATH and the breakdown! 😳🙈
BTC - Bitcoin 3Day 2018 RSi comparison Please keep an eye on the RSi on the 3 Day timeframe, you will note that it is currently at a level comparable with the Nov 2018 breakdown (which resulted in a 52.09% downside move). I have marked the 2018 RSi breakdown level in turquoise at 43.67 and you will note we are currently below at 42.14.
As you can see, there is also a similar lower high scenario on the RSi which I have also marked on the chart.
Beware if you see the RSi break below 41.44 (marked in Red) as that would be the confirmation, the downside move is coming and it will be significant!
Also, note the timeframe between ATH and the breakdown! 😳🙈
Note
RSi only - zoomed in FYI 
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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.
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.