DVY420
Long

BTC-USD Great buy opportunity! Buy around 5500-5600

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
212 views
1
Oversold condition + fundamental accumulation + bottom of falling wedge + 5500 support

Comments

The last three oversold conditions on the RSI touching 30 over the past few weeks did NOT lead to a rise the size you are suggesting, so why would you think this one would? I think the historical "sub-30 RSI = a big pump" rule for Bitcoin is not currently reliable.
+2 Reply
Please don't make your MACD and RSI quite so huge compared to the chart - it's quite hard for us to see the analysis you are trying to demonstrate.
+1 Reply
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