BITCOIN SURPASS THE RESISTANCE.
Hello traders, here's a quick update on BTC in 8 hours timeframe.
BTC surpassed the resistance trendline in this 8-hour TF. This recent rally fulfilled our initial target of 19k. The breakout above the resistance trendline looks pretty good but we can't avoid the RSI level. The RSI is highly overbought and anytime soon it may drop. Things look pretty interesting but better be careful cause in the higher timeframe if BTC doesn't break above 19k then we may witness one last drop in BTC and then the actual rally.
What is your opinion on the recent BTC rally? Let me know in the comments below.
Thank you for reading.
Trade safely.
BTC surpassed the resistance trendline in this 8-hour TF. This recent rally fulfilled our initial target of 19k. The breakout above the resistance trendline looks pretty good but we can't avoid the RSI level. The RSI is highly overbought and anytime soon it may drop. Things look pretty interesting but better be careful cause in the higher timeframe if BTC doesn't break above 19k then we may witness one last drop in BTC and then the actual rally.
What is your opinion on the recent BTC rally? Let me know in the comments below.
Thank you for reading.
Trade safely.
coincall.com/r/43438887
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.