weekly RSI for BTC RSI is near support
if RSI stay above this support another rally will start
and if weekly RSI candle close below support that's the end of bullish trend
Rsicandles
BTCUSDT parallel channel RSIa parallel channel in RSI shows the new rally started today, if this candle close above yesterday open.
BTCUSDT zoom outBTC price touched the base zone and RSI candles are near ascending support line
it can go up from here after weekly sideway moves.
but if price going to break down this zone next support line is around $20k (the previous high of 2017)
Potential SPY Price Target of 321.50If SPY Sustains an Opening Range Breakout, Price Target is $321.50.
Look for resistance at 321.23 which is the overnight high (pink line).
The overnight selloff helped to reset the RSI Candles which are showing hidden divergence, a bullish continuation pattern.
