Bitcoin
Looking at past two ₿reakouts 🟠of the RSI cyclic indicator with chosen settings..
..we got crazy good entry points for BTC at all
Worth mentioning that the number of floors ⚫️reduced
Next ₿reakout to happen soon dear Crypto Nation❓
COMMENT & FOLLOW appreciated🤗
*not financial advice
do your own research before investing
it seams the BTC is building up a correction, atleast short term, how it goes will we see based on the Momentum and the RSI Divergence. I suggest a tight Stop Loss!
you see on the 2-day timeframe a forming big drop, a possibility of going sideways a couple of days is likely but the dominant cycle becoming bearish, do properly manage your risk well! Sold at 42.500 exact, stop loss/take profit is at 39.700
You see the stoch rsi and the crsi are about to enter in a longer consolidation phase to the bottom, I would be careful till the 41.5k is breached or being ready to short if not
Personally, since the RSI and the KDJ are already on a very high level, I expect a further downtrend if around the shown resistance line, sooner by closing under it or later by going down around this area, if its the 2. way, I would go short when the shown line is broken from above (closing) under it...
Because i'm a d*ck with the pine editor code,i have to put the order myself (and to publish it in ideas section, sorry for your waste of time).
It use ConnorRsi lifted with a MA2 :
Of course, 16% in 17hours, that's pretty fantasmatic, that why i need to make a loooong test time on different configuration, and if people want to help me, just PM me.
