What's next for BTC- weekly chart
Hi, I try to post often so if you could follow and boost the idea it would mean a lot to me.
I usually do trading ideas, but this is an idea related to market structure and where are we going from now. In mid term we are probably going down to the 18K-20K range. However, in the long term I can see that in the near future we will have great buying opportunities. RSI is undervalued in the weekly chart and MACD is about to cross. RSI hasn't been this undervalued in the weekly chart in a very long time. I don't see BTC skyrocketing in the next weeks but an accumulation will start when prices go lower, and a bullish divergence will appear in a weekly chart. When the best buying opportunities come I will be here to cover up so don't worry. Comment what you think.
Late night stream today at 00.30 UK time/BST. I will be answering your questions and talk about the market. If you want me to do an analysis about a coin that you hold come to the stream. I hope I see you there.
I usually do trading ideas, but this is an idea related to market structure and where are we going from now. In mid term we are probably going down to the 18K-20K range. However, in the long term I can see that in the near future we will have great buying opportunities. RSI is undervalued in the weekly chart and MACD is about to cross. RSI hasn't been this undervalued in the weekly chart in a very long time. I don't see BTC skyrocketing in the next weeks but an accumulation will start when prices go lower, and a bullish divergence will appear in a weekly chart. When the best buying opportunities come I will be here to cover up so don't worry. Comment what you think.
Late night stream today at 00.30 UK time/BST. I will be answering your questions and talk about the market. If you want me to do an analysis about a coin that you hold come to the stream. I hope I see you there.
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