BTCUSD: Short Opportunity (Weekly):
Historically, BTC has always corrected 35-70% at the 90 weekly RSI. Averaging the last 4 corrections concludes to a 47% decrease in price for its upcoming correction. Ideally, i would keep eyes on the psychological level of $20,000 for a more conservative PT and see what PA does at this level, if it does reach this level.
Historically, BTC has always corrected 35-70% at the 90 weekly RSI. Averaging the last 4 corrections concludes to a 47% decrease in price for its upcoming correction. Ideally, i would keep eyes on the psychological level of $20,000 for a more conservative PT and see what PA does at this level, if it does reach this level.
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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.