BTCUSD: Comparing Bottoms (feat. RSI & Price Patterns)
https://www.tradingview.com/x/vLF3FdLy/
Just looking at BTCUSD charts on a rainy Sunday afternoon, when I noticed a similar pattern on the current 4h chart and the end of the cycle #3 daily chart. Current is local bottom being made and the other was a cycle bottom being made. Either way, human psychology was behind both and the reaction is very similar so looking at both price patterns and RSI momentum, it does hint what will probably happen next. Saddle up.
Just looking at BTCUSD charts on a rainy Sunday afternoon, when I noticed a similar pattern on the current 4h chart and the end of the cycle #3 daily chart. Current is local bottom being made and the other was a cycle bottom being made. Either way, human psychology was behind both and the reaction is very similar so looking at both price patterns and RSI momentum, it does hint what will probably happen next. Saddle up.
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