NickTran3184

BTC _ Correction to 9k3

Short
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Stochastic RSI is overbought it will pull the RSI down the adjustment


Long term RSI remains bullish


Multi-touch candles keep the bb and do not pass, go down, this is strong signal


The candle at the top of the bb cut shows reversal

Clouds are red and down, usually candles will go under the cloud

MA 50 is moving sideways, showing no sign of rising


The possibility of btc falling to 9k3 or less may be based on these signals

Should buy btc when rsi stoch back to over-frame D frame

btc can make double bottom and go up stronger. This time, buy a bigger safe order.

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.