Trendline support on daily time frame of BTC
If you closely observe the chart of Bitcoin then you will find that it has retested the trendline and is taking support as well.
Apart from this, it had also resisted at the RSI level, signaling that it can move a little bit down but the question arises how much?
To find the answer of how much, you can take the help of Fibonacci retracement that would give the desired levels for the retracement.
Apart from this, it had also resisted at the RSI level, signaling that it can move a little bit down but the question arises how much?
To find the answer of how much, you can take the help of Fibonacci retracement that would give the desired levels for the retracement.
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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.