Bitcoin / TetherUS
Updated

RSI channel on BTC USD

97
There is still some room to go down. We still need to go downwad in order to touch RSI around 33-34 It will be a good moment to go long. I expect price around 7500 or 7600 where I go long. It depends on 1D RSI. If the line is broken then we have a very bad bearish scenario but I suppose that we need a very bad FUD for such scenario. Bulls are still in play just let the bears to shake out.

HODL ON
Trade active
tradingview.com/x/79kLGTTE/We are almost here. Now we wait. RSI bounces here or breaks to new low.
Note
We are almost here. Now we wait. RSI bounces here or breaks to new low.

snapshot
Trade active
We haven't touched RSI trendline yet. Still without position

snapshot
Trade active
I opened my position. Let's see how it goes :)
Trade closed manually
The RSI trend is broken. We probably going around 7k

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.