I expect that BTC will drop in the next hours, since the RSI is in the higher regions and there is a clear bearish divergence.
I am looking for the 0.318 and 0.618 retracement levels as support. If these levels not hold a bigger move downwards can be expected.
I am looking for the 0.318 and 0.618 retracement levels as support. If these levels not hold a bigger move downwards can be expected.
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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.