Robnhood_Trades

BTC daily RSI hints at historically good buy zone

Long
COINBASE:BTCUSD   Bitcoin
The last four times BTC daily chart showed RSI oversold, it has then gone on to gain at least 40% over the course of the following year. While the weekly chart still looks extremely bearish, keep an eye out for a further drop to 34000 as a potentially great buy opp.
Comment:
34k area was a great buy opp. Looking for retest of ATH before 100k range
Comment:
ATH cracked, target of 100k still intact

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.