Wait for another test in $17-$18K
It might create a lower low or a Double Bottom
RSI: Then, if RSI "bottom" is ascending, and the value of RSI gets higher than 40, most likely the price goes for $19K.
It might create a lower low or a Double Bottom
RSI: Then, if RSI "bottom" is ascending, and the value of RSI gets higher than 40, most likely the price goes for $19K.
Trade active
It seems the W Shape is formed in the 4-hr chart. If it keeps it for the current 4-hr period, there is a big chance that move to $19K starts then.Trade active
Moving towards 19K. It might get rejected at 19K.
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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.