BTC: This Looks Familiar...
This 2-day chart for Bitcoin is starting to show a lot of similarities. Both patterns are showing bullish divergence on the RSI with a sideways range that lasted 3-6 months.
If BTC breaks the 28K support zone, then this idea is invalidated. Until then, I'm not coming to any conclusions until we get a clear direction where this is heading.
If BTC breaks the 28K support zone, then this idea is invalidated. Until then, I'm not coming to any conclusions until we get a clear direction where this is heading.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.