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.
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.
Commento:
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.