BTC.X Analysis & Key levels
You know what I LOVE about crypto?? It is ALL technical. There is no fundamentals to mess with. It’s an all technical gig.
It has been a HOT minute since I’ve analyzed Bitty… And if I recall the last time I did I nailed it pretty hard…
I also know that anything can happen… which is why I stay humble…
The red dot is my actual BUY target BUT I still have one that’s a little higher, where I might start scaling in… just in case...
That trendline is an obvious resistance… (blue)- -
Bearish RSI divergence on the daily - -
Above the 180 EMA + +
Below the 20 MA - -
Above the 50 MA + +
RSI under the EMI of RSI - -
As of this moment I’m bearish… but I do see some possible places where that might change… stay tuned and please ask questions…
GL, y'all