BTC to 30k at least
Log scale, indicators used are Bollinger bands, VFI, EMA ribbon,PMI(Purchasing Managers Index) and RSI.
On multiple timeframes, the price action is at significant resistance; the dynamic local trendline, or wedge support, has been broken; and the RSI is acting in a manner that is very similar to its past significant pivot points.
For those who don't know, PMI indicates whether the US manufacturing economy is growing or contracting (50> 50<).It was 65 in March 2021, in the month of November 2021, it was 60 . Right now, it is at 48.5.
On multiple timeframes, the price action is at significant resistance; the dynamic local trendline, or wedge support, has been broken; and the RSI is acting in a manner that is very similar to its past significant pivot points.
For those who don't know, PMI indicates whether the US manufacturing economy is growing or contracting (50> 50<).It was 65 in March 2021, in the month of November 2021, it was 60 . Right now, it is at 48.5.
Note
USDT.D is about to leave the cloud on the 1W
Also Stoch RSI on TOTAL
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