As you can see, the growth rate of BTC has slowed down in recent days.
Clearly, the RSI indicator also shows a decrease in the oscillation amplitude.
Also, two small and large Right-angled triangles can be seen in the RSI indicator diagram.
Breaking the resistance caused by the two triangles requires time and increasing the purchase volume.
Given the current situation, there is a possibility of changing the channel in the BTC process.
Clearly, the RSI indicator also shows a decrease in the oscillation amplitude.
Also, two small and large Right-angled triangles can be seen in the RSI indicator diagram.
Breaking the resistance caused by the two triangles requires time and increasing the purchase volume.
Given the current situation, there is a possibility of changing the channel in the BTC process.
Trade active
Channel changedDisclaimer
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.
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.