Hi everyone,
\u2028\u2028this is just a way how this Btc situation could play out.
I have been playing and trying to do some analysis only using RSI. This is how it ends. Maybe.
\u2028\u2028There are two blue triangles on the chart. We are waiting for any break.
If RSI happen to break up, this will be very bullish signal. Similar in the opposite direction. \u2028\u2028
We are waiting for 4H closed bullish candle or ideally for closed 1D in the area of 11 000 $ per changing a Bias to Bullish. \u2028\u2028
The action can be small, but it would give us better probability of doing new ATH soon. \u2028\u2028
You can also see that RSI is going to cross level 50 soon.
Plus there are two RSI Bullish divergencies.
Over all i see it BULLish, even thou iam hearing lot of BEARish noice around. Specially on Twitter.
This is not a financial advice. Iam begginer, learning TA and this is the way to check strategy … \u2028\u2028Please comment.
Does anyone have a tip for backtesting program for beginners?
I dont know how to code yet, so something simple. ?
\u2028\u2028Thank you & lot of luck to you all ! MATT\u2028\u2028
“Rising tide is lifting all boats”
\u2028\u2028this is just a way how this Btc situation could play out.
I have been playing and trying to do some analysis only using RSI. This is how it ends. Maybe.
\u2028\u2028There are two blue triangles on the chart. We are waiting for any break.
If RSI happen to break up, this will be very bullish signal. Similar in the opposite direction. \u2028\u2028
We are waiting for 4H closed bullish candle or ideally for closed 1D in the area of 11 000 $ per changing a Bias to Bullish. \u2028\u2028
The action can be small, but it would give us better probability of doing new ATH soon. \u2028\u2028
You can also see that RSI is going to cross level 50 soon.
Plus there are two RSI Bullish divergencies.
Over all i see it BULLish, even thou iam hearing lot of BEARish noice around. Specially on Twitter.
This is not a financial advice. Iam begginer, learning TA and this is the way to check strategy … \u2028\u2028Please comment.
Does anyone have a tip for backtesting program for beginners?
I dont know how to code yet, so something simple. ?
\u2028\u2028Thank you & lot of luck to you all ! MATT\u2028\u2028
“Rising tide is lifting all boats”