We are kissing the ema at this moment, the RSI is signalizing a possible buying wave soon.
BTCUSD should not fall below 3.777$ (min fibo 38,2)- this could initiate a selling wave down to 3.000$ (max fibo)
Trading above 4.450 should initiate the next buying wave up to TP1= 4.995 & TP2= 5.600$
BTCUSD should not fall below 3.777$ (min fibo 38,2)- this could initiate a selling wave down to 3.000$ (max fibo)
Trading above 4.450 should initiate the next buying wave up to TP1= 4.995 & TP2= 5.600$
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we r reentering the uptrend right now... Note
rsi made a buying signalNote
the daily formed a nice buying candle Trade active
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ideally btc should not fall below 4315 for running shortterm Longs a sl-adjustment up to 4310/15 could be an idea
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a downtrend? Note
unchanged view Note
yes!!!!!! rsi is in the buying area now Note
touched normal correction fibo Note
we have seen the exspected selling wave dfown to 3000$... n1 Note
at the max fibo the buyers waited, as so often :-) btc tends to retrace fullyNote
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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.