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Bitcoin is going for that double bottom?

Bitcoin: a suspicious divergence is start forming with RSI @ 1hrs tfr
Please note that I am note a trader. Please be carefull. You must know what you are doing!

Ghi chú

The 10K are already a very good level from where to start but bearish pressure still high and little bit lower there is the perfect double bottom. Lol

Ghi chú

It's tempting to go high from here if you are a longer but we need to wait and see what price tells us

Ghi chú

Do not rush in!

Ghi chú

The 10K has been little pierced

Ghi chú

Only little pierced...sorry I gotta go for lunch. Be patience!

Ghi chú

Ghi chú

Divergence still there.

Ghi chú

Will the price follow RSI or will RSI follow the price?

Ghi chú

It cannot do both and once thing leads to a different outcome.
Why? How? When? I don't know!
Curiosity is very important in all aspects of life!
I hope you will agree to this AlanMasters!

Ghi chú

The move is nice but it is happening below 50 RSI

Ghi chú

Need to be carefull

Ghi chú

That resistence at 11K looks attractive but bearish pressure still on! We need to be patience

Ghi chú

I don't know yet! Bearish pressure has been really strong this morning!

Ghi chú

See the bearish pressure coming down?

Ghi chú

For me, in the above chart, bearish pressure is represented by that trendline coming against the price

Ghi chú

I don't know if it will breach it. Don't think so but if it does we must interpret it as a bullish signal

Ghi chú

Sorry I forgot a trendline

Ghi chú

For whoever is following please note that I will be absent for a little while.

Đóng lệnh: đạt mục tiêu

Ghi chú

That arrow indicates for me a very good trading zone for short term trading.

Ghi chú

When exiting the trend with a quick move

Ghi chú

If this post that I am linking below is correct it may want to complete this double bottom

cozzamara

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cozzamara

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