BTC breaked up from downtrend channel and moving up
85
BTC now moving up in uptrend channel. Seeing on the weekly chart we are well above 200 EMA and RSI is still looking good. If we look in the past the reversal of uptrend was always happening when the RSI was above 70. We gonna keep an eye on what's happening in following days.
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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.