TradingYoda64

Bitcoin retesting resistance turned to support

Long
TradingYoda64 Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin broke out of descending trend and is now retesting the .236 fib. If it holds we go towards .5 and the 50k mark.
Comment:
So far so good. Notice how on January 22nd RSI was at 20, the lowest it's been since the Covid crash of 2020.
Trade active:
My chart seems to be lagging. Anyone else having this problem? Anyway, the price is going up beautifully
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