1) I drew Support Line on RSI Indicator and it may be broken in 2025. 2) I drew Support line on Momentum indicator and it may be broken in 2025. 3) I drew Support line on CCI indicator and it may be broken in 2025. 4) DMI indicator has ADX and i applied ADXR which is used to quit from position early because it gives that strong trend is over.
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Broken Support Line of Momentum! Wait for CCI and RSI! BTC will decrease in my opinion!
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I am not sure about it but wait for 3rd approval for sell. I mean RSI.
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Resistance line of RSI was broken this week.
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Monthly chart for +DI. I drew resistance line!
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Weekly Chart. RSI, +DI and CCI broke support line this week. Wait Sunday.
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Weekly Chart! There is Negative Divergence because price hills are increasing but indicator hills are decreasing and ADX is decreasing it means that prices do not have old power on trend thus prices will decrease in the next weeks in my analysis. ADX shows trend power not direction.
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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.