Bitcoin / TetherLong
BTCUSDT: Bullish potential
The following are signals for potential rise of BTC to target 27400 level:
Divergence formed.
Both RSI 14 and 3 periods showed a bullish blip, meaning, RSI dipped below the 30% level.
Candles that corresponded to the RSI dips indicated the demand zone.
Wait for price to close above the resistance line (white line). This will indicate the price starting to attempt to reach the target level.
Alternatively, wait for RSI 14-period to close above the 55% line.
/please DYOR/trade at your own risk
Divergence formed.
Both RSI 14 and 3 periods showed a bullish blip, meaning, RSI dipped below the 30% level.
Candles that corresponded to the RSI dips indicated the demand zone.
Wait for price to close above the resistance line (white line). This will indicate the price starting to attempt to reach the target level.
Alternatively, wait for RSI 14-period to close above the 55% line.
/please DYOR/trade at your own risk
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