Red line: resistance -> support -> resistance from the of highs 5 days ago.
Teal line: support -> resistance from the breakout 3 days ago.
Basically RSI has to break and hold above the barrier marked with yellow colour for price to reach new highs.
Previous candle closed inside the marked range.
Any close below 274sats would indicate the probability of lower prices.
Teal line: support -> resistance from the breakout 3 days ago.
Basically RSI has to break and hold above the barrier marked with yellow colour for price to reach new highs.
Previous candle closed inside the marked range.
Any close below 274sats would indicate the probability of lower prices.
