Standard Channel Down for Bitcoin on the 1D scale. Since August 15th all Lower Highs were rejection a little over the 1D MA100 (green line). Currently the RSI is rising like the previous time. The 1D MA100 is now at 18900. With this projection the price can break it around 18500.
Will it get rejected again or this time will be different?
Follow us, like the idea and leave a comment below!!
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.