BTCUSD Monthly
Taking a look at the MACRO TF.
It will be interesting to see if BTCUSD can break the Monthly Resistance & reclaim previous high. It is still 22days until the next candle so there is plenty of time left within the current session.
Also identifying Month Support and comparing it to previous Bullrun of 2017. After BTCUSD failed to reclaim top of 2017 it fell to Support and rejected multiple times.
NOTE: RSI was also extremely overbought during 2017, as it is currently also.
What range do you think price action will operate within this time if we follow and repeat the cycle?
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
Taking a look at the MACRO TF.
It will be interesting to see if BTCUSD can break the Monthly Resistance & reclaim previous high. It is still 22days until the next candle so there is plenty of time left within the current session.
Also identifying Month Support and comparing it to previous Bullrun of 2017. After BTCUSD failed to reclaim top of 2017 it fell to Support and rejected multiple times.
NOTE: RSI was also extremely overbought during 2017, as it is currently also.
What range do you think price action will operate within this time if we follow and repeat the cycle?
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
Pernyataan Penyangkalan
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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.