ledgerdary

ledgerdary

Looking at this weekly chart of Bitcoin, it appears that the price is moving within a well-defined upward channel, which suggests a higher probability of continued bullish movement over the long term. Channel Boundaries: Upper Boundary: The top of the channel represents a key resistance level. Historically, Bitcoin’s price has tested this upper...

ledgerdary

Open a Long Position when: The asset is oversold (RSI less than -100 and moving up). The RSI is below 30 and moving up. The asset is hitting support. Open a Short Position when: The asset is overbought (RSI greater than 100 and moving down). The RSI is above 70 and moving down. The asset is hitting resistance.