If looking at the RSI for traiding pair BTCUSD, I believe it will top out in a matter of week. Hovering above 60 and following RSIs trend line, we are not far from finish line. Regarding finish line, I expect also some RSI-Price correlated actions. After that, RSI relief/correction will take place and more fireworks is expected for Alts, so called Altseason!
Dear all. Another chart, this time with my forecast with the little help of Elliot waves . I started drawing it while it finished wave 2 (bottom). So far my line has hold through wave 3 and it's not even finished. Looking forward to see if it will hold through whole cycle.
Hello everybody. This is my first idea on Traidingview. 3rd and 5th wave were calculated on other chart based on Elliot waves theory, I just copied/past it here.