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UP or DOWN, what do you think?
Bitcoin
Long
UP or DOWN, what do you think?
By trieutv
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Feb 19, 2022
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3
Feb 19, 2022
On weekly chart,
- Negative signal RSI, BTC need a positive divergence signal.
RSI < 50,
BTCUSD
down in range 70-80% from ATHs.
Right now, BTC just downed more 50%. So it's done? Maybe not yet.
But when zoom in
BTC has been downing more 35K equivalent to previous times. If the decreasing has done, BTC comes back to the race go up to 79K.
Unless, we have a support at 20K.
Time will tell!
BTCUSD
crypto
historyrepeatsitself
Technical Indicators
Parallel Channel
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Trend Analysis
trieutv
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