BITCOIN: THE KING NEEDS A REST
We are witnessing of healthy correction that would allow the BTC to grow higher in time.
• As you can see on the RSI, since the 14-feb-2020 we broke the RSI trend line. People who were aware of this already took their money out of the market.
• By doing a Fibonacci retracement for the entire movement we can find two entry points at 0.5 and 0.61:
- $8423
- $8000 (the $8000 entry point corresponds with a solid support)
• We have a support at $7987
• As you can see on the RSI, since the 14-feb-2020 we broke the RSI trend line. People who were aware of this already took their money out of the market.
• By doing a Fibonacci retracement for the entire movement we can find two entry points at 0.5 and 0.61:
- $8423
- $8000 (the $8000 entry point corresponds with a solid support)
• We have a support at $7987
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.
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.