2 weeks ago RSI was over sold and now RSI has popped out of its downward trend.
Counting out and measuring the depths of the moves by BTC with the Adaptive BB, we can see that bitcoin is decelerating with dips getting shorter, and hugging the primary moving average line for longer and longer.
Expecting a more serious test of this downward trend for a possible reversal.
Counting out and measuring the depths of the moves by BTC with the Adaptive BB, we can see that bitcoin is decelerating with dips getting shorter, and hugging the primary moving average line for longer and longer.
Expecting a more serious test of this downward trend for a possible reversal.
Note
Note
barely an hour later after posting this BTC started pumping :PNote
Note
testing trend reversal
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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.