2 possible scenarios with Bitcoin . It will either bounce from Zone 1 or further fall to Zone 2 which is a stronger Demand Zone. Also the sharply falling StocRSI suggests it could likely fall to Demand Zone 2.
Unless we see a strong reversal on the 4hr and 2hr TFs this trend will likely not change!
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I swear by the StochasticRSI. It's probably one of the best tools that show trend reversals before any major dip. More on how to read this in time!
Happy Trading!
Unless we see a strong reversal on the 4hr and 2hr TFs this trend will likely not change!
==
I swear by the StochasticRSI. It's probably one of the best tools that show trend reversals before any major dip. More on how to read this in time!
Happy Trading!