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1ShinigamiRyuk
Sep 11, 2021 4:19 AM

[UPDATE] BTC BROKE RSI SUPPORT LINE Short

Bitcoin all time history indexINDEX

Description

As update to my previous published idea, the RSI support trendline from May 2021 is now broken!

Comment

After a bounce on 3rd touch, now broke the RSI support trendline from May 2021 and still has room to go down further (~38k ~ 50 week MA) before a significant bounce
Comments
JoyBoyVegae
Bearish is stronger ; it crash down from 52K if yall didn’t saw that
1ShinigamiRyuk
@Richburst9, yup, I posted this just a few days before the crash:

Mikanoshi
@Richburst9, it was not organic and long squeeze sped up the bearish divergence aftermath already
ImminentDebacle
Might be a an outlier still. Let's see
1ShinigamiRyuk
@ImminentDebacle, yup lets see how daily will close, although weekend price actions are tricky
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