BTC/USD CAUTION
Hello fellow traders,
just wanted to share while the momentum has shifted prices higher for some time now.
The RSI however is showing that the positive price action is running out of steam. In my opinion, I suspect a pullback to 20K (roughly) to confirm as support.
Weekly charts more or less convince us the Bull cycle has started (weekly macd cross, monthly stochostic cross) This is just stating nothing parabolic will likely happen anytime soon, but if anything a healthy stage for the market to prepare for the next bull cycle.
just wanted to share while the momentum has shifted prices higher for some time now.
The RSI however is showing that the positive price action is running out of steam. In my opinion, I suspect a pullback to 20K (roughly) to confirm as support.
Weekly charts more or less convince us the Bull cycle has started (weekly macd cross, monthly stochostic cross) This is just stating nothing parabolic will likely happen anytime soon, but if anything a healthy stage for the market to prepare for the next bull cycle.
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.
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.