TiagoVolpe

TiagoVolpe

Let's go from exponential moving averages. If the EMA 144 crosses and stays above the EMA 72 we could have another price drop. Just below we have the EMA 305 which can hold the price above this region. If the price exceeds the EMA 305 we will have a 4th test in the region of the 29k - 33k region but with the possibility of testing the EMA 610 region RSI is back...

TiagoVolpe

On the 13th of June we had the break of the descending triangle and 50 region of the RSI with confirmation on the 14th of June reaching resistance in the 40k region. On June 15th we have the selling force dominating the day leaving a doji showing market indecision. For confirmation of move reversal and triangle exit it is still necessary for the RSI to remain...

TiagoVolpe

We can see in BTCUSD a descending triangle with the formation of a possible bearish channel on h4.