Followings have been checked (Weekly Logarithmic):
1. Weekly RSI (14): Seemingly BTC has a strong Support Cluster as shown.
2. Weekly RSI (2): in the Oversold zone has made a low and bounced back up. We may need to wait to see another Higher Low here.
3. Weekly SRSI: as shown it is inside the oversold zone and the K line has crossed up the D line.
4. An ascending channel since 09 Mar 20 so far has been illustrated as mid-term movement channelization.
5. Another Ascending channel since 28 Dec 20 has been depicted. S&Rs have been shown.
6. Pitchfan tool shows that how BTC's Price is reacting to it.
TP1:88,660 USD
TP2: 113,143 USD
SL: - 5 - 10%
Investment-Trading Portfolio Management Plan which I have mentioned before can be of help to those of you who are less familiar with:
- Capital Management
- Risk Management
- Psychologicals
This is not a financial advice.
Best of trades
1. Weekly RSI (14): Seemingly BTC has a strong Support Cluster as shown.
2. Weekly RSI (2): in the Oversold zone has made a low and bounced back up. We may need to wait to see another Higher Low here.
3. Weekly SRSI: as shown it is inside the oversold zone and the K line has crossed up the D line.
4. An ascending channel since 09 Mar 20 so far has been illustrated as mid-term movement channelization.
5. Another Ascending channel since 28 Dec 20 has been depicted. S&Rs have been shown.
6. Pitchfan tool shows that how BTC's Price is reacting to it.
TP1:88,660 USD
TP2: 113,143 USD
SL: - 5 - 10%
Investment-Trading Portfolio Management Plan which I have mentioned before can be of help to those of you who are less familiar with:
- Capital Management
- Risk Management
- Psychologicals
This is not a financial advice.
Best of trades
