Bitcoin short term downtrend confirmation signal
In my previous post I speculated on a posibility of breaking the triangle to the downside. Looking at the hourly RSI, the last green candle marked a high, although the next candle registered a higher price, the RSI indicator did not. A good enough signal for me to break the "no trading on weekends" rule. As always, not financial advice, DYOR and good luck trading!
Note
Short term up...
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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.
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.