This is just being shared as an idea to my other post after mentioning that at least a local top was in a few days ago. Considering a bullish ABC retracement idea. I presently have an RSI alert set to watch when the DAILY tf pivot low is taken on bitcoin. If that pivot is taken, I will be watching the 4 hour RSI for bull divs to potentially confirm that the move might be coming to an end and then would be much more "bullish".
Trade safe friends!
if you have found this helpful, please give a like to the idea and a follow!
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.