The RSI on 1D has formed an identical pattern with the February - April 2018 candle sequence.
Bitcoin failed to break the previous High made on February/March and when then RSI entered the overbought area it heavily declined to a new Low.
This time the same pattern almost broke the previous High but again failed. The moment this level breaks, BTC enters a new pattern and the trend on the medium term turns heavily bullish.
Bitcoin failed to break the previous High made on February/March and when then RSI entered the overbought area it heavily declined to a new Low.
This time the same pattern almost broke the previous High but again failed. The moment this level breaks, BTC enters a new pattern and the trend on the medium term turns heavily bullish.
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!