We may retest old 2021 high. we may drop further but I still think we are bullish in the red channel. RSI never hit euphoria green phase or yellow resistance. we are break support on RSI trend but we have seen that type of fake out before. It seems we are in the middle of the road here.
I believe we're currently in wave 5 of the downward move on Aerodrome. There's a possibility that buyers could step in near the bottom of wave 3, but if that level is broken, we might see a sharp decline. Additionally, we're facing rejection at the top red trend line. If that trend line is broken, it could indicate that the correction is over, and we may begin an...
Examining the 1-month RSI for BTC/USD, we observe two instances where the RSI has touched the major trend line, each followed by a significant upward move. On our current bull run we have formed a trend up, with again our 2 hits on support line. So will we reverse from here or hit the trend for a 3rd hit? If true - this pattern indicates potential short-term...
