Hello friends, today you can review the technical analysis on a 4H linear scale chart for Braintrust (BTRSTUSD).
1) Since the mega price drop a few months ago, the price has respected an Arc Formation with multiple touch points on the Arc. This is a macro pattern, not looking at the hour by hour price action.
2) The RSI (relative strength index) has also been supported by a multi-month trendline. RSI is out of the oversold region and moving up.
3) The dash lines represent areas of resistance if price goes up.
4) As long as the price stays in the Arc Formation, the price has potential to go up.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
1) Since the mega price drop a few months ago, the price has respected an Arc Formation with multiple touch points on the Arc. This is a macro pattern, not looking at the hour by hour price action.
2) The RSI (relative strength index) has also been supported by a multi-month trendline. RSI is out of the oversold region and moving up.
3) The dash lines represent areas of resistance if price goes up.
4) As long as the price stays in the Arc Formation, the price has potential to go up.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.