In weekly time, however, bitcoin in the RSI has reached the range of 95 and after being rejected from this range, it is moving to reach the range of 50 to 55. The level of support and good reactions for going back up is quite clear What can be seen in the past as long as the RSI was above the 50 range in the weekly time Bitcoin corrections or losses could not...
In the monthly chart, as it is known, in rsi, in the previous two uptrends of Bitcoin, two peaks have been hit, in the range above 90 and then the trend is reversed, and the candlesticks are moving downwards. Currently we have a peak above the range of 90 in this ascent and it is possible that another peak will be formed in RSI. Now it is not known where and in...
In the weekly win time frame, the ceiling that it had in the past was broken and it can be said that it is pulling back to the previous ceiling. Also, by maintaining the broken surface, you can enter the same red areas for higher purposes in the medium term If this support fails and the candelabra penetrate to the area below the red line, this analysis will be...
In the analysis before the weakness of the candlesticks, we said that the correction was more intense than we thought As mentioned, the range of 55,000 can be a good support point for the bit, which has so far prevented further collapse. At present, it can be expected that if the candlestick closes above 57,500 daily, we will have an upward movement in the range...
Candles in a very sensitive area Valid failure in the range of 59,500 due to the failure of the 20-day moving average support can lead the candlesticks to the range of 55,000 and continue correction up to this range. If there is good support in this area by buyers and the expectation of climbing to areas above 64500 is still valid.