Have we reached the end of the long descending trend of Bitcoin?
In the long-term # Weekly Frame: From 1/4/2019 until now (more than 415 days), the long-term downward trend is about to end.
- RSI indicator close to 57.6 (should exceed 60)
- Indicator CCI 71.8 (must exceed 100)
If the above two things happen and according to the explanations in the chart, we can hope for the end of the general downward trend and the price will be ready for the return above $ 10,500.
- RSI indicator close to 57.6 (should exceed 60)
- Indicator CCI 71.8 (must exceed 100)
If the above two things happen and according to the explanations in the chart, we can hope for the end of the general downward trend and the price will be ready for the return above $ 10,500.
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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.
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.