Kaizer1
Short

BTC - RSI history comparison

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Good day everyone,

if we compare the the weekly BTC RSI on Bitstamp we can see that in the past
we formed a descending wedge and printed 5 Waves down to finish the bear cycle.

Now we are closing in on the RSI resistance again which could lead to a possible rejection.
Keep in mind that this is on a weekly timeframe so the price itself has still a lot of room to play.

This, aswell as my other BTC past and present analysis tells us that the last and final 5th Wave of the bear cycle can soon be initiated.

Not preparing at all is preparing for failure.
- Benjamin Franklin
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out