Bitcoin Video Update Breakout on RSI
Bitcoin with the recent push breaksout of the daily tf rsi , next targets are 24.8k, 
29K & 32k.
Two confirmations:
- RSI breakout confirmed.
- Prices shifting internally bullish .
Bull side:
- We retest the OB on 4hr till 19.5k and bulls takeover with the retracement & we move towards out targets.
Bear side:
We get a shakeout till 16.5k to takeout all the longs and retest the RSI on daily timeframe , confirm local bottom & move up.
#bitcoin #btc #ethereum #cryptocurrency
29K & 32k.Two confirmations:
- RSI breakout confirmed.
- Prices shifting internally bullish .
Bull side:
- We retest the OB on 4hr till 19.5k and bulls takeover with the retracement & we move towards out targets.
Bear side:
We get a shakeout till 16.5k to takeout all the longs and retest the RSI on daily timeframe , confirm local bottom & move up.
#bitcoin #btc #ethereum #cryptocurrency
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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.