[BTC] Crypto Wave Model: Here's What RSI S/R is Lookin Like!

29 nov 2020

Testing out another one of my models here.

I'll be timing my entries/esit along with RSI S/R holds and breaks.

We could have a bounce here but needs to hold a bit longer, if it breaks under I'll sell some and look to pick up cheaper.

Best guess is we're going down to retest bottom orange before a bigger spike up but may test and fail top orange first in near term.

30 nov 2020

Nota

Price got shut down on the 15M by SMA 337...


May be Bearish here but could still break through! RSI pretty Bearish after almost touching the peak line so maybe we'll head back down first before taking another shot at the 337.

30 nov 2020

Nota

We've broken through and got running room on the 2H...

30 nov 2020

Nota

I caught most of wave up from 17k and just sold off a big chunk as we're pushing against the top of the long term channel here.

I'll reenter more if we decisively break above and sell more if it gets rejected here...

30 nov 2020

Nota

Could get an RSI bounce here but unlikely we break too much higher.