So the previous bounce led up to +1000 move within the last 2 weeks.
More downside for BTC if RSI line wont hold this time.
If RSI holds the marked support area, then expect upward trending or ranging market.
More downside for BTC if RSI line wont hold this time.
If RSI holds the marked support area, then expect upward trending or ranging market.
Note
30min TF - look for the RSI to break the red area -> higher prices
Note
Sorry, that was supposed to be a 15 min chart :)
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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.