BTC Up or Down?
BTCUSD
BTC - USD is testing 4hr timeframe trend line
The ascending trend line in green is our support.
We are below the 20 MA currently (bearish)
RSI turning bearish
Careful if we find support on the trend line BTC could be bullish
A break below the trend line is more bearish
BTCUSDBTC - USD is testing 4hr timeframe trend line
The ascending trend line in green is our support.
We are below the 20 MA currently (bearish)
RSI turning bearish
Careful if we find support on the trend line BTC could be bullish
A break below the trend line is more bearish
Note
Rejection from the trend line as expected
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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.