BTCUSD 1W logarithmic scale
Let's have a look at the
BTCUSD 1W log scale again.
12 months bloody bear market finally brought us to my predicted bottom area.
We are not out of the woods and another drop is still possible, but after a 84% retracement it's definetly time to pay attention.
Additinal RSI studies.
I think it's worth to monitor the weekly RSI from now.
Needs to break both horizontal resistances to kill the bear.
Let's have a look at the
BTCUSD 1W log scale again.12 months bloody bear market finally brought us to my predicted bottom area.
We are not out of the woods and another drop is still possible, but after a 84% retracement it's definetly time to pay attention.
Additinal RSI studies.
I think it's worth to monitor the weekly RSI from now.
Needs to break both horizontal resistances to kill the bear.
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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.
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.