mahdiarmivechi

Wait a second before making any deal

mahdiarmivechi Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
hello traders ,
I was looking at the dominances and I just saw an interesting thing , look at the BTC.D , yeah it's true that the price bearish trendline in broken , but RSI trendline shows another thing , it has been rejected hardly .
Also , as you see in TOTAL , , price is exactly under a strong bearish trendline , and the same in RSI , and there is a very long and strong bearish trendline in RSI .
and just look at the USDT.D , , it is just above a strong and very long bullish trendline in price chart , and also there is a bullish trendline in RSI .
And if we look at the TOTAL2.D , , It's so close to the bearish trendline .

Personally, I think BTC will go a little higher from this and it will be rejected from the purple resistance, meanwhile , I think ETH and TOTAL2 will grow until they hit the trendline and they will be rejected .

Tell me about your opinion in comments .
Thanks for like and follow
Comment:
All of the bullish trends got rejected by their RSI bearish trend , as I expected .

so let's see if price can bounce from the supports or not
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.