Simple TA, in 1st cercle we have a little support, can be a reversal or if it will break...it will be bad, another few percentages in bear + FOMO + manipulations + ... a lot more
2nd cercle is the Stochastic RSI with a twist in bullish mode, is in oversold zone with an upcoming cross
In the 3rd cercle is the classic RSI with almost oversold condition, and a curve/twist from bear to bull
If it's going up, the next target will be the previous support, or next fib zone, if not...who knows? :)
So...can Bitcoin respect the TA or like 90% of the time it will do anything else?
Cheers!
@edward_Z
2nd cercle is the Stochastic RSI with a twist in bullish mode, is in oversold zone with an upcoming cross
In the 3rd cercle is the classic RSI with almost oversold condition, and a curve/twist from bear to bull
If it's going up, the next target will be the previous support, or next fib zone, if not...who knows? :)
So...can Bitcoin respect the TA or like 90% of the time it will do anything else?
Cheers!
@edward_Z
Trade closed: target reached:
Sure it can do a bull run, exactly to the resistance line