The Chikou Span line has got over the price.
The Chikou Span line is free in all timeframes (weekly, monthly, daily).
The RSI indicator does not show an overbought situation.
As written in my previous analysis of the Bitcoin trend, key levels are the same :
TP1 : $12568
TP2 : $13241
TP3 : $14453
Don't forget to keep an eye on the RSI 14 indicator, because if the Bitcoin becomes overbought, then a temporary reversal of the trend could occur before going uptrend again.
The Chikou Span line is free in all timeframes (weekly, monthly, daily).
The RSI indicator does not show an overbought situation.
As written in my previous analysis of the Bitcoin trend, key levels are the same :
TP1 : $12568
TP2 : $13241
TP3 : $14453
Don't forget to keep an eye on the RSI 14 indicator, because if the Bitcoin becomes overbought, then a temporary reversal of the trend could occur before going uptrend again.
Trade closed: target reached