Feeling Cautious

15 thg 8, 2021

I was experimenting with some arcs and looking at the weekly RSI. It's far from any approved TA methods I am aware of.

BTC seems like it is in a precarious position to me. But it has been a very strong trend. Really hard to say, other than I am feeling cautious.

See what you think.

16 thg 8, 2021

Ghi chú

Wow, once again humbled the capacity of the bulls to rally. Stopped at the 200 day MA, indicators be damned. Or at least my interpretation of RSI divergence, etc. I hope people bought the dip.