Feeling Cautious
Updated
I was experimenting with some arcs and looking at the weekly RSI. It's far from any approved TA methods I am aware of.
BTC seems like it is in a precarious position to me. But it has been a very strong trend. Really hard to say, other than I am feeling cautious.
See what you think.
BTC seems like it is in a precarious position to me. But it has been a very strong trend. Really hard to say, other than I am feeling cautious.
See what you think.
Note
Wow, once again humbled the capacity of the bulls to rally. Stopped at the 200 day MA, indicators be damned. Or at least my interpretation of RSI divergence, etc. I hope people bought the dip.
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.