Stoch RSI has a Bearish crossover at the bottom of the range area. we also can see a Negative Bias on TSI indicator. These are not good signals for Bitcoin and indicate a high probability of breakdown. These are pre-signals and not confirmed signals. Further evidence is needed to confirm whether we are experiencing a breakdown or a spring (trap).
Not a bad idea to take some profits here 1. RSI - overextended 2. StochRSI - overextended 3. Plan your taking profits zones before and respect the strategy 4. Don't sell everything, the price can perform better. 5. Keep an eye on macro trends in the markets. What do you think?
Stoch RSI is in the overbought area in the weekly timeframe and has a bearish crossover. DSS is near the overbought area. Stock RSI oscillator indicates the possibility of starting a new downtrend. Considering the channel, it is possible that Bitcoin will create another local top and touch the channel ceiling before starting the downtrend.
ETH/BTC has broken out of it's long term downtrend and made an impressive move over the last days but now it looks like a great place to take some profit and buy back in lower. The reason for that is: 1. ETH/BTC shot right through the daily 200 MA and hasn't had a proper correction since. Now it's very close to the daily 314 MA and will likely bounce off it and...
BTC moved downwards and pulled the altcoins down aswell. Going downwards on the stoch rsi on the 4h, and almost at the bottom on the daily. Will be buying back when the daily stoch hits bottom & crosses upwards. Sold 50% at 0.0000996 satoshi. I am curious how ICX will move because of the recent pullback of btc.
BTC/USD will go under 8000 according to StochRSI
Disclaimer: this is my first idea on tradingview. Despite showing some strength in lower TFs, BTC price appears to be topping out here, as evidenced by an imminent bearish signal line crossover on the 8H MACD. I forecast a substantial price drop in the next day or so, especially since the stochRSI is also showing that it's about to go over a cliff. My plan:...
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