Short
Double bottom + RSI oversold = Buy
In my last analysis I stated that the 600 sat level was a nice accumulation zone for $BINANCE:POEBTC. If we now look at the charts, we see the formation of a double bottom at the 565 sat level. The RSI indicates overselling, combined with the possible double bottom I see a nice opportunity for some short term profits.
Related publications
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.
Related publications
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.