Looking to make a comeback after a long hiatus.
Just an idea.
Just an idea.
Comment:
Interim support of 98 in play. if that breaks will go to the dotted green line...
Comment:
Update to this analysis - sadly the red arrow scenario turned out to be true - we are at another support level which is denoted by the dotted green line. I think we may see a bounce from here but lets wait and see what the market decides.
I like to look for reversal trends such as RSI divs or macd divs or long term RSI value that is in low teens.
Currently 1D BTCUSD RSI is in low teens and 1W BTCUSD RSI still has a long way to go.
Update to this analysis - sadly the red arrow scenario turned out to be true - we are at another support level which is denoted by the dotted green line. I think we may see a bounce from here but lets wait and see what the market decides.
I like to look for reversal trends such as RSI divs or macd divs or long term RSI value that is in low teens.
Currently 1D BTCUSD RSI is in low teens and 1W BTCUSD RSI still has a long way to go.