WHICH S/R AREA DID BTC TRIGGERED
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Hi,
Thanks for reading this idea.
We can clearly see the line that has been triggered last days / weeks.
I expect that it will be triggered another time. This will result in a break up or a break down.
A good break up will be confirmed if the s/r line will be tested succesfull.
but.....
A break down will be discovered by a negative divergence on RSI..... Don't be fooled by the bears.
I will post a long term view also
Thanks for reading this idea.
We can clearly see the line that has been triggered last days / weeks.
I expect that it will be triggered another time. This will result in a break up or a break down.
A good break up will be confirmed if the s/r line will be tested succesfull.
but.....
A break down will be discovered by a negative divergence on RSI..... Don't be fooled by the bears.
I will post a long term view also
Note
Long term
Note
Ultra long term (till 2024)
Note
on total market cap it needs to hold 232 as support. If it fails, big sell
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