Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTC).
The chart is self-explanatory. I noticed three possible scenarios that could be possible for the BTC price. Keep a close eye on the RSI.
Shown in the chart: Trend line, Support and Resistance Trend Line, Bull Flag, Descending Channel, Relative Strength Index, and Volume .
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
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Scenario 1 still on point. :)
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Scenario 1 target was almost met before price dropped down. Keep an eye on Volume and RSI on various timeframes.