BTCUSD bounced off the 0.382 retracement line that I don’t see on nearly any charts – the one from the continuous rally from the weekly/monthly chart since 2015. It then proceeded to break its downward channel.
There’s been RSI divergence and declining sell volume leading to this point.
I don’t really know what the target should be if this is indeed the local minima. 0.382 retracement line since double top peak is 8126. 0.5 is 8780.
I’m a really new amateur to this so you should definitely not take it as financial advice – but I’d like any feedback I can get.
There’s been RSI divergence and declining sell volume leading to this point.
I don’t really know what the target should be if this is indeed the local minima. 0.382 retracement line since double top peak is 8126. 0.5 is 8780.
I’m a really new amateur to this so you should definitely not take it as financial advice – but I’d like any feedback I can get.
Nota
All of 10 min later: HOLY SHIT!?
My volatility-based indicators are available for sale at SharkCharts.live
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
My volatility-based indicators are available for sale at SharkCharts.live
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.