Hello my friends. it is a quick article on BTC
BTC is currently testing 9K-9.1K Level, if BTC can survive from this level and bounce, it can grow up to 9.5K but if it can not survive , it will test 8.4K-8.5K and if it can't survive again, the problem begins. The RSI and MACD aren't good !!!
I will update this post periodically.
write your comments and opinions in comment sections.
BTC is currently testing 9K-9.1K Level, if BTC can survive from this level and bounce, it can grow up to 9.5K but if it can not survive , it will test 8.4K-8.5K and if it can't survive again, the problem begins. The RSI and MACD aren't good !!!
I will update this post periodically.
write your comments and opinions in comment sections.
Note
In above screenshot you can see that there is no trend reversal sign from RSI perspective in 4h time frame. i think the correction to 8400 is still continuing, but after a little test of 8.9K or 9K. we can see 8400 in 5 days.
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Zoomed Screenshot
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Bitcoin did a breakout. if the breakout is valid it should test one of mentioned two levels. in case of health breakout we should retest 9.05K-9K.
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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.