ahsinawan77

BTC/USD Similarities between past prices and RSI

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ahsinawan77 Updated   
GEMINI:BTCUSD   Bitcoin
well i could point the current situation in relation to two points from past

7th to 9th may price levels got high and then gradually the RSI showed similar trend to where it is now
14th may to 15th may similar RSI and price action
28th to 29 may

what i can make out of such is what happend after 9th small rise then a dump from 10th and comming day
well the price after 15th went up a little and it held the positions before it went down when every one was expecting a launch to 10k some even 30k
didnt happen
today
well it maxed the cchancces are the resistance level that people are talking about that it couldnt break i think it will be broken but the down trend will continue untill or unless am wrong in spotting a reversal which i dont expect
am not that tried judging that
but 9k levels dump will be ok or 100$ below that i dont see it going down much

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