For yesterday's pump, I was expecting the RSI couldn't break the trendline and reach towards approximately 69, and it turns out to be true.
It is admittedly a powerful pump, but whether it is a relief rally or a reversal, it is yet to be decided. See if bitcoin can pass 0.702 fib level, it is a crucial level. Every end of bull for the last cycles, it is the end of the relief rally.
I am not bull or bear for now, because of the uncertainty of 0.702 fib
It is admittedly a powerful pump, but whether it is a relief rally or a reversal, it is yet to be decided. See if bitcoin can pass 0.702 fib level, it is a crucial level. Every end of bull for the last cycles, it is the end of the relief rally.
I am not bull or bear for now, because of the uncertainty of 0.702 fib
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.
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.