BTC - Reversal or Not?
BTC broke out of the fallng wedge.
Still inside the downtrend channel.
Will have to watch if it can break this downtrend line.
Next resistance at 9100 [0.5 Fib, Kijun sen line]
Kijun has been rejecting BTC for the last 3 times.
RSI = 60 will be a test too
Still inside the downtrend channel.
Will have to watch if it can break this downtrend line.
Next resistance at 9100 [0.5 Fib, Kijun sen line]
Kijun has been rejecting BTC for the last 3 times.
RSI = 60 will be a test too
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.