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BTC fall - 4h RSI resistance around $11.4k - $11.5k
Bitcoin
Long
BTC fall - 4h RSI resistance around $11.4k - $11.5k
By tradetravellive
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Updated
Aug 22, 2020
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Aug 22, 2020
4 hour RSI suggest that BTC will not go lower than 11.4k / 11.5k on this down size.
Aug 22, 2020
Note
15 hours later, we are still under bearish power with RSi around 40.
MACD showing a slight uptrend...the next 8h to 12h will tell us if
we are under
a) consolidation mode (
tradingview.com/chart/BTCUSD/hFHuKslk-BTC-consolidation-around-11-5K/)
b) swinging between 12.5k and 11.5k for another few days
Aug 23, 2020
Note
Another 12 hours later...Feels like BTC chase option B and decided to consolidate around 11.6k
Aug 23, 2020
Note
I mean Option A
BTC
BTCUSD
Technical Indicators
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tradetravellive
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