DISCLAIMER: THIS IS NOT A FINANCIAL ADVICE, BUT PRACTICE ANALYSIS. I AM A NOVICE CHART ANALYSIS WITH LITTLE EXPERIENCE. TAKE THIS ANALYSIS JUST FOR A QUICK REFERENCE ONLY.
FEEDBACK MUCH APPRECIATED.
Fibonacci Retracement: drawn from recent high Feb 25th to Recent Low March 18th.
- 1 = 1738 Satoshi
- 0.786 = 2117 Satoshi
- 0.618 = 2414 Satoshi
- 0.5 = 2622...
Standard Moving Averages: BTC currently under 200 MA. Full pullback.
Fibonacci Retracement: drawn from recent low Feb 5th to Recent High March 5th.
Bollinger Bands: currently widening up. Price volatility coming in.
RSI: Currently RSI 36, not too oversold. RSI descending, which seems like the price...