POLONIEX:BTCUSDT   Bitcoin / Tether USD
📝 Extra tip: for big bull picture!! 3 MUST WATCH TIPS/ITEMS FOR BTC

✅ Weekly Stochastic RSI: Flip red with Blue and bottom

What we like here is we are trying to form our bottom which we could see in the next 8-16 days.
Will we bottom out and rebound quickly or will we hang out in oversold territory for some time?
Remember to look left to see what happened in the past and keep an eye on how this plays out.

✅ Weekly RSI: Lower Highs and Higher Lows

We have been in this trend all the way back to 2017. While we are making consistent lower highs, we can also see we have been putting in higher lows. Once we finally break this trend and we will; BITCION will really start with bull market.

✅ Weekly 21 MA
Like the Stochastic RSI, the weekly 21MA could tell us the future. If we have a full body of our candle close below the 21MA, it could be disaster and we can start to look for lower price.

Continue to close above = prices will rise, it's that's simple put


Past calls





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.