Hello,
Don't worry about the current situation in BTC. Keep your head straight with TA.
In the recent past we saw a bearish divergence. Following it, we saw BTC price dropped from 10k to 6k.
After recent Exchange hack, we are again seeing the price dropped. But lets look at the RSI. I see bullish divergence.
So, lets keep our head straight and do TA.
Don't worry about the current situation in BTC. Keep your head straight with TA.
In the recent past we saw a bearish divergence. Following it, we saw BTC price dropped from 10k to 6k.
After recent Exchange hack, we are again seeing the price dropped. But lets look at the RSI. I see bullish divergence.
So, lets keep our head straight and do TA.
Note
One key area Considering RSI : 41% - 45%
It is a resistance level for bear run, a good support level for bull run.
Note
Hmmm ... let's see
Note
BTC is overbought in all oscillator indicators....
Note
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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.