Dimitrysdesk

BTC is cooking up a bounce back to 9k

Long
BITMEX:XBTUSD.P   Bitcoin
Price action is hovering above .618 fib on a daily. RSI is showing bullish divergence as well. Last time we had 50MA cross down below 200MA, we rebounded 40%+ before resuming the downtrend for the death cross.
Comment:
Profit targets hit. That was fast

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.