Here is what I am seeing on BTC from a TA perspective; I worked from a 5-year time window.
- I used ~8 fib retracement indicators (I deleted them from the chart b/c it makes it look messy) then drew support and resistance lines where there was a confluence.
- I've always used MACD, but this new MACD strategy indicator I found actually gives you recommended buy and sell points. I looked at the historical chart on several stocks, and it's surprisingly very accurate.
- In addition, we hit the most oversold we've ever been in the past five years this June, and RSI is trending up as well.
- Everything from a TA perspective points to us staying above the $17,680 support and moving towards resistance at $22,200.
Summary: DCA and Stack Sats below $20k.
Your commentary is greatly appreciated!
- I used ~8 fib retracement indicators (I deleted them from the chart b/c it makes it look messy) then drew support and resistance lines where there was a confluence.
- I've always used MACD, but this new MACD strategy indicator I found actually gives you recommended buy and sell points. I looked at the historical chart on several stocks, and it's surprisingly very accurate.
- In addition, we hit the most oversold we've ever been in the past five years this June, and RSI is trending up as well.
- Everything from a TA perspective points to us staying above the $17,680 support and moving towards resistance at $22,200.
Summary: DCA and Stack Sats below $20k.
Your commentary is greatly appreciated!