ביטקויןלונג
BTC daily RSI bullish divergence
Hi guys,
On the left picture we have daily BTC, a downtrend channel for the RSI ( we've just been oversold, but in general before rebounding we need another leg down for the RSI - a double bottom RSI is possible )
and two divergences, one bearish that was in play from 40K to ATH, and the bullish one that is in progress right now. I also have my Fibonacci levels aligned to log scale.
In the right picture I have the 2 weeks candle, a comparation with 2013 double top of the RSI and possible scenarios for bear market if this we are in right now will be not just a local correction ( which I believe it is - just a local correction ).
This are my personal opinions, not a financial advise!
What do you think?
Take care of your hard made money guys!
CHEERS!
On the left picture we have daily BTC, a downtrend channel for the RSI ( we've just been oversold, but in general before rebounding we need another leg down for the RSI - a double bottom RSI is possible )
and two divergences, one bearish that was in play from 40K to ATH, and the bullish one that is in progress right now. I also have my Fibonacci levels aligned to log scale.
In the right picture I have the 2 weeks candle, a comparation with 2013 double top of the RSI and possible scenarios for bear market if this we are in right now will be not just a local correction ( which I believe it is - just a local correction ).
This are my personal opinions, not a financial advise!
What do you think?
Take care of your hard made money guys!
CHEERS!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.