Will Bitcoin (BTC) make a little bull run?
Updated
Simple TA, in 1st cercle we have a little support, can be a reversal or if it will break...it will be bad, another few percentages in bear + FOMO + manipulations + ... a lot more
2nd cercle is the Stochastic RSI with a twist in bullish mode, is in oversold zone with an upcoming cross
In the 3rd cercle is the classic RSI with almost oversold condition, and a curve/twist from bear to bull
If it's going up, the next target will be the previous support, or next fib zone, if not...who knows? :)
So...can Bitcoin respect the TA or like 90% of the time it will do anything else?
Cheers!
zekis
2nd cercle is the Stochastic RSI with a twist in bullish mode, is in oversold zone with an upcoming cross
In the 3rd cercle is the classic RSI with almost oversold condition, and a curve/twist from bear to bull
If it's going up, the next target will be the previous support, or next fib zone, if not...who knows? :)
So...can Bitcoin respect the TA or like 90% of the time it will do anything else?
Cheers!
zekis
Trade closed: target reached
Sure it can do a bull run, exactly to the resistance line
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.