BTC Weekly RSI has been Bouncing off the Upper and Lower Trend Lines...most recently the support trend line. Next should be the upper trend line which happens to be at the 70% Over Bought line which is currently at $13280. If that breaks to the up side then the regression trend line in Blue on the price chart should come in at $14200, slightlly above the last spike high on the Weekly...interesting how T/A comes together...Also notice how the Fob Golden Pocket 0f 61.8-65% has been respected to the "T" on the BTC Weekly Close. Perfect Fib retracement of the last swing low to swing high...
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.
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.