Bitcoin
Updated

Bitcoin bouncing on trendline acting as support?

34
This is the picture at 5min timeframe. After the disappointment I would be inclined to be bearish for a while and look for support fomation around 11.000. However need to be alert because price felt this trendline and on short timeframe (1min) RSI and price diverged. If it holds we will see... I may be looking for runs towards higher highs if stabilize again above 12.000...lets see...please if you have any comments or advice please tell me...I am still trying to figure out foundamentals that explains these moves. Thank you
Note
it bouncing but pushing down...let's see...
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot

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.