BTCUSD - 15 Min - possible retest 17.3k area

Bitcoin / TetherUSBinance

Description

⋅ Nov 26, 2020 3:11 PM

Not a financial advisor!!!!

Trendline break and retest
+
Hidden bullish divergence.

=> It will possibly retest the 17.3k area before further decision up or down.
I am biased to the downside but anything can happen, therefore have a plan for UP and DOWN.

Comment

⋅ Nov 26, 2020 3:24 PM

A double bottom here...
Therefore a break of the 17.3k would point close to the 18k.

A rejection at the 18K very likely!

Trade closed manually

⋅ Nov 26, 2020 3:57 PM

It did reach 17.2k but was rejected!

Trend Analysis

Comments

HamedMaleki

⋅ Nov 26, 2020 3:53 PM

RSI in Hourly scale ?!!!!
it is worthless :(

pedrogarrinhas

⋅ Nov 26, 2020 4:02 PM

@MALEKHA, Totally agree...and it is even on the 15 min...I am just searching for possible reversals.