My long (not so long ) term view concerning BTC . I have drawn a trend line , which I think it will reach in the next couple of months. The stochRSI is almost reaching oversold ared on weekly chart. Second the previous low is at around 18700 euro , this low is around 15600. The candles are about to reach the 200 ema and almost always there is a rejection and the trend goes down. My target for the next low is around the line I have drawn.This is between 10 to 12k euro . Share you thoughts.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.