BTC: $26.8K - $25.3K Targets
Watch for a possible bounce at the .786 fib (26.8K) or double bottom at 25.3K. If those levels break then I'd expect the final capitulation to the 200W MA.
Weekly RSI is extremely oversold.
Weekly RSI is extremely oversold.
Note
.786 has been reached.Note
25K target reached. Possible double bottom forming now. If this breaks down, then 200W MA.Note
200W MA inbound.
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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.