tzei187

Bitcoin is testing its long term bearish RSI resistance

BITSTAMP:BTCUSD   Bitcoin
Bitcoin is at the moment testing its long term RSI resistance that holds since its first peak on January. On the one hand, on the downside, we can observe clear bullish divergence, on the other and in order to become more optimistic, RSI needs a break out of its long term bearish continuation pattern.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.