Get started
Bitcoin
Long

Bitcoin Weekly RSI Analysis - Break into uptrend?

295
Weekly RSI shows signs of a reversal for BTC bottoming out around 55 range, the lowest its been all of 2017 on the weekly chart. This closing weekly candle should confirm a breakout if a green doji forms and we close above 11,500-11,750 range. I still believe bitcoin needs to creep up above this 9 day EMA shown and confirm support before any kind of long term bull run.
jalbertsm
Bitcoin (Cryptocurrency)BTCChart PatternsTechnical IndicatorsLONGRelative Strength Index (RSI)reversalTrend AnalysisuptrendUSDWeekly Charts

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.
Bitcoin (Cryptocurrency)BTCChart PatternsTechnical IndicatorsLONGRelative Strength Index (RSI)reversalTrend AnalysisuptrendUSDWeekly Charts
jalbertsm

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.