BitcoinUpdated 20/20 vision on BTC
* break in the middle of March.
* breakout in the middle of April.
* breakdown in the middle of June.
1st thing to look for is the the break of downward trending vilet RSI line -> stabilization of the price, might range over time (short to mid term).
Bullishness will again be confirmed by the break of red RSI line.
Remember to use RSI as a momentum indicator. Overbought does not mean the price will drop and vice versa.
* breakout in the middle of April.
* breakdown in the middle of June.
1st thing to look for is the the break of downward trending vilet RSI line -> stabilization of the price, might range over time (short to mid term).
Bullishness will again be confirmed by the break of red RSI line.
Remember to use RSI as a momentum indicator. Overbought does not mean the price will drop and vice versa.
Note
Stay vigilant in the blue highlighted area then!Note
Here's the idea.Note
Also, take a look at this one backtest line I found.Note
Note
Bull-run IF we stay above the red line.Note
Note
IF price closes above 2954,23 -> we go up.
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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.