Hi @everyone, I just want to share with you this RSI chart on Bitcoin on a Daily Time frame.
Basically, this is from the All time Highs until the current consolidation phase. I rarely draw a Support and Resistance in RSI but this is interesting movement, If the RSI breaks on either trend line, we might see a major move, either on the down side or up side.
So I'll be patiently waiting on this for another confirmation.
That's all guys! Take care! NFA, DYOR and TAYOR. Goodluck!
Basically, this is from the All time Highs until the current consolidation phase. I rarely draw a Support and Resistance in RSI but this is interesting movement, If the RSI breaks on either trend line, we might see a major move, either on the down side or up side.
So I'll be patiently waiting on this for another confirmation.
That's all guys! Take care! NFA, DYOR and TAYOR. Goodluck!