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pedrogarrinhas
Jun 9, 2021 5:43 PM

BTCUSD - 1D - Next destination RSI based! 

Bitcoin / US DollarBinance

Description

NOT A FINANCIAL ADVISOR!

RSI daily about to breakout.

While on the 4H, both RSI and price action have broken out.
If this is a triangle throwback, expect BTC to go back up.

Possible targets to the upside: EMA-200 daily or the top trendline (red dashed).
Possible targets to the downside: 30K, 29K, 20K

Comment

Finally (on the daily):



(on the weekly it is also clearly broken)

Trade closed: target reached

Comments
BurakB_
Great analysis.
pedrogarrinhas
@Burakb1, Thanks!
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