BITCOIN SHOW US BULLISH RSI DIVERGENCE, THIRD RE-LOW IS POSSIBLE
Hello my friends, today I want to talk with you about BTC .
In my previous BTC idea I wrote that bitcoin will continue to decline, price already hit both targets from previous idea and declined even lower.
At this moment, price trades inside a falling channel.
Also, a clearly visible bullish RSI divergence, which can push price much higher.
I think that a third re-low is still possible, and we can see another one decline in area, 28500 before upward movement.
One of the targets is previous support level 34000.
I think price can go even higher, but not at once and after some time I will make update.
So be ready for such scenarios.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
In my previous BTC idea I wrote that bitcoin will continue to decline, price already hit both targets from previous idea and declined even lower.
At this moment, price trades inside a falling channel.
Also, a clearly visible bullish RSI divergence, which can push price much higher.
I think that a third re-low is still possible, and we can see another one decline in area, 28500 before upward movement.
One of the targets is previous support level 34000.
I think price can go even higher, but not at once and after some time I will make update.
So be ready for such scenarios.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
