Bitcoin probable bounce at weekly 200MA
Hi, this is my second chart I've posted on Tradingview.
I beeeeelieeeeeevee... Bitcoin could see a relief rally here at the weekly 200MA (5.5k BTCUSD).
*Vol relatively average to past dumps volume data even though there's a giant spread.
*Sitting at a candle cluster with high volume.
*RSI at bounce downtrend range.
What would be a safe way to get in on a long-term hold? A daily close above 6.15k-6.3k, basically. All you would be doing around these levels is scalping, if you didn't get in at 5.5k.
I beeeeelieeeeeevee... Bitcoin could see a relief rally here at the weekly 200MA (5.5k BTCUSD).
*Vol relatively average to past dumps volume data even though there's a giant spread.
*Sitting at a candle cluster with high volume.
*RSI at bounce downtrend range.
What would be a safe way to get in on a long-term hold? A daily close above 6.15k-6.3k, basically. All you would be doing around these levels is scalping, if you didn't get in at 5.5k.
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