Since early December, Bitcoin is trading in a bearishg channel. With a recent touch of the channel, there's a decent chance that we're going to reverse from the channel's support towards the top of the pattern.
To further strenghten the reversal, the 1H RSI has reached a severly oversold level of around 24. These two facts combined make for a good short-term bullish reversal case.
Target for the reversal would be the area around the top of the channel.
Happy trading!
To further strenghten the reversal, the 1H RSI has reached a severly oversold level of around 24. These two facts combined make for a good short-term bullish reversal case.
Target for the reversal would be the area around the top of the channel.
Happy trading!
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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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.