BitcoinUpdated BTCUSD Price Movement Analysis
Hello guys,
I've been studying the TA for while now. I used the most basic method of TA.
I can see it's making Inverse-Cup handle for now and the divergence on RSI. I think we may have higher highs for next 2-3 weeks and then hard drop which is puke period for the LONG BEARISH trend.
Later we can think of getting into the bull market again.
Let me know your ideas in the comments.
Conclusion: BTC seems going up for a while before it breakout again. If it breaks the 11,600. We may have trend reversal.
P.S: It's not financial advice.
I've been studying the TA for while now. I used the most basic method of TA.
I can see it's making Inverse-Cup handle for now and the divergence on RSI. I think we may have higher highs for next 2-3 weeks and then hard drop which is puke period for the LONG BEARISH trend.
Later we can think of getting into the bull market again.
Let me know your ideas in the comments.
Conclusion: BTC seems going up for a while before it breakout again. If it breaks the 11,600. We may have trend reversal.
P.S: It's not financial advice.
Note
The trend is following as expected! Little Time offset :PTrade closed manually
BREAKOUT AND CLOSE
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.