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BITCOIN UPDATE:-
In the short term, the apparent bullish divergence between the price and the RSI indicator indicates a possible rebound for Bitcoin in the upcoming days. The price must first penetrate the descending trend line (marked yellow).
Considering the mentioned divergence and the strength of the $19K support level, there is an opportunity for a rebound in the short term. A correction towards the $22K level could take place before the next significant drop to attack the $18K threshold again.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN UPDATE:-
In the short term, the apparent bullish divergence between the price and the RSI indicator indicates a possible rebound for Bitcoin in the upcoming days. The price must first penetrate the descending trend line (marked yellow).
Considering the mentioned divergence and the strength of the $19K support level, there is an opportunity for a rebound in the short term. A correction towards the $22K level could take place before the next significant drop to attack the $18K threshold again.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
