BTC is correcting, I needed a small chart analysis.
In daily BTC is in a ascending canal and just encounter its fibo resistance at 0.786 from last mouvement.
In monthly view it kinda look like a reversal, M top is under construction on RSI and on price.
So market reversal or bear trap?
This just and educational chart to point out levels, not financial advice.
In daily BTC is in a ascending canal and just encounter its fibo resistance at 0.786 from last mouvement.
In monthly view it kinda look like a reversal, M top is under construction on RSI and on price.
So market reversal or bear trap?
This just and educational chart to point out levels, not financial advice.
Note
well, montly M is still not there even if BTC had a big correction !
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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.