Short

Updated

Short BTC will continue - RSI study

Following the Week RSI, we observed points of strong reversion in 61% FIBONACCI. This point was surpassed after years of resistance. The reversal is likely to occur near the point 78% or even 100%. We can buy at the end of the correction and make a profit. Let's see.

Note

We'll probably still fall to 0.61 in RSI

Note

Sorry, 0.78

Note

The correction is not over yet. Bitcoin needs to go to 61% to start the true bull trend

Note

*To 78,6% RSI

Note

The downward trend holds.

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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.

Also on:

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.