ergal91

BTC ! The most important channel in BTC history.

Long
BITSTAMP:BTCUSD   Bitcoin
I'm looking at monthly timeframe. Every time when BTC touched the upper band of the channel it toped and every time when it touched the lower band of the channel it bottomed or pumped very hard.
Pay attention every time when BTC topped or touched the upper band of the channel RSI> 90 and every time when BTC touched the lower band of the channel or bottomed RSI<50.
BTC touched the lower band of the channel on 18.06.2022 and at the same time RSI bellow 50. This is another prove that BTC has already bottomed as I mentioned in my previous analyses.
Check all my previous analyses attached the bellow that proves BTC has already bottomed.

Related Ideas

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.