cryptoonchain

DSS & Stoch RSI: There is a possibility of starting a downtrend

BITSTAMP:BTCUSD   Bitcoin
Stoch RSI is in the overbought area in the weekly timeframe and has a bearish crossover. DSS is near the overbought area. Stock RSI oscillator indicates the possibility of starting a new downtrend. Considering the channel, it is possible that Bitcoin will create another local top and touch the channel ceiling before starting the downtrend.

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.