Didn't post yesterday, was busy
---
This is copy paste from yesterday
BTC not looking so hot atm
#BTC RSI is sinking fast
TOTAL 3 = #altcoin
Also looks weak but nowhere near as much
Facing heavy resistance
We're likely due for a lil pain from here
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TODAY
1/2
BTC @ an important area
#BTC holding @ dotted line support
#bitcoin trading UNDER Red Mov Avg for 2nd day
Buy volume lowers, sells > than buys but not much
RSI MUST NOT tread sub 50 area (middle)
We break Green Mov Avg still ok but MUST HOLD Breakaway Gap area
#crypto
2/2
What aboutBTC vs #altcoins?
TOTAL 3 = #altcoin
Staunch resistance right above
Yet holding better than #BTC
4Hr shows some buys coming back
See the Inverse head & shoulder?
Ugly but it's there
#crypto had huge run, it's okay to REST as long as it doesn't fall asleep
---
This is copy paste from yesterday
BTC not looking so hot atm#BTC RSI is sinking fast
TOTAL 3 = #altcoin Also looks weak but nowhere near as much
Facing heavy resistance
We're likely due for a lil pain from here
---
TODAY
1/2
BTC @ an important area#BTC holding @ dotted line support
#bitcoin trading UNDER Red Mov Avg for 2nd day
Buy volume lowers, sells > than buys but not much
RSI MUST NOT tread sub 50 area (middle)
We break Green Mov Avg still ok but MUST HOLD Breakaway Gap area
#crypto
2/2
What about
BTC vs #altcoins?TOTAL 3 = #altcoin Staunch resistance right above
Yet holding better than #BTC
4Hr shows some buys coming back
See the Inverse head & shoulder?
Ugly but it's there
#crypto had huge run, it's okay to REST as long as it doesn't fall asleep
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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.