Best bitcoin weekly performance since the 12th Feb helped by an impressive short squeeze, sets sights on a retest of the 200DMA and 50% fib retrace of entire range.
This weekly chart also highlighting the power of slopes. In particular this long-term schiff pitchfork. The median line has provided support on the February collapse and the most recent 3 weeks. So in line with the 200DMA, the 25% line of this pitchfork also comes in at around ~$9800.
As we do approach key levels keep on eye on the daily RSI. Typically in a bear market the 60 level should hold, and has in fact held since the top in december:
This weekly chart also highlighting the power of slopes. In particular this long-term schiff pitchfork. The median line has provided support on the February collapse and the most recent 3 weeks. So in line with the 200DMA, the 25% line of this pitchfork also comes in at around ~$9800.
As we do approach key levels keep on eye on the daily RSI. Typically in a bear market the 60 level should hold, and has in fact held since the top in december:
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.