Over the last couple of weeks I've made several bullish longer term analyses on Bitcoin. So far, so good!
In this analysis I want to shed some light on BTC's monthly chart, combined with the RSI.
As seen on the bottom of the chart, the RSI follows a clear pattern of ups and downs. With the RSI showing signs of a strong recovery, I'm willing to bet that the December candle was the low of the current bear market.
Yes, the month isn't over and the monthly candle hasn't closed yet. However, I strongly doubt that we're going to go below $15,5k in the next couple of weeks..
Do you think the bottom is in? Share your thoughtsš
In this analysis I want to shed some light on BTC's monthly chart, combined with the RSI.
As seen on the bottom of the chart, the RSI follows a clear pattern of ups and downs. With the RSI showing signs of a strong recovery, I'm willing to bet that the December candle was the low of the current bear market.
Yes, the month isn't over and the monthly candle hasn't closed yet. However, I strongly doubt that we're going to go below $15,5k in the next couple of weeks..
Do you think the bottom is in? Share your thoughtsš
šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.