A cautious approach: Bitcoin
Mis à jour
If you get benefit then please Like/Follow the post.
Rsi must have to come down in order for bitcoin to jump further high... with RSI this high its very difficult for bull to maintain power....As we can see that right now RSI is very sensitive to price movements, it must get rid of this, which is an indication that either we will be moving sideways for a day or two for 4h RSI to calm down to atleast 50-55 or btc is about to drop again.Every single resistance above is different times historic bitcoin ressistance/support of 2018 and making different patterns. In my opinion we will be moving sideways for RSI to calm a bit.
Rsi must have to come down in order for bitcoin to jump further high... with RSI this high its very difficult for bull to maintain power....As we can see that right now RSI is very sensitive to price movements, it must get rid of this, which is an indication that either we will be moving sideways for a day or two for 4h RSI to calm down to atleast 50-55 or btc is about to drop again.Every single resistance above is different times historic bitcoin ressistance/support of 2018 and making different patterns. In my opinion we will be moving sideways for RSI to calm a bit.
Note
another indication that bulls arent strong enough
Note
Note
Note
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.