This bearish divergence on BTCUSD with RSI played out really well, and congrats on anyone who shorted this. Now, however, it seems we are finding support at an RSI level that keeps getting revisited. This is a good time to place a long position or even take a spot position after the dump.
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Disclaimer
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.