Hi Guys today i'm going to analysis BTC/USDT pair in weekly time frame.
1) We clearly see BTC have now Diagonal Support Level, we must hold $36,000 level for not breakdown Diagonal Support.
2) RSI now is oversold, and i found something interest about that in weekly chart, last time RSI was oversold in 2020 year in March and BTC
was $4000 and then BTC do upward movement almost $65,000 and now again RSI is oversold and we can have same upward movement approxomenty $100,000 and we have also Double Bottom.
So Hope This TA was help a lot of ppl and my suggestion don't panic sell if you don't wanna to get REKT in future.
1) We clearly see BTC have now Diagonal Support Level, we must hold $36,000 level for not breakdown Diagonal Support.
2) RSI now is oversold, and i found something interest about that in weekly chart, last time RSI was oversold in 2020 year in March and BTC
was $4000 and then BTC do upward movement almost $65,000 and now again RSI is oversold and we can have same upward movement approxomenty $100,000 and we have also Double Bottom.
So Hope This TA was help a lot of ppl and my suggestion don't panic sell if you don't wanna to get REKT in future.
Comment:
$36,000 now acting support as i mentioned earlier
Comment:
In weekly chart diagonal support $36,000 is now confirmed,Bulls getting momentum back