BULLISH DIVERGENCE ON BTC CHART CAN PUSH PRICE TO 23-25k USD
Hello my friends, today I want to talk with you about BTC.
For last few days BTC fell more than 50% down from 31,500 to around 20k for now.
And for now at the deep from support zone 20,000-21,000 USD price created a divergence with RSI index.
As you can see BTC created 3 lows but the RSI index create new highs.
That means we can see upward impulse from a short-term perspective.
I think the price can bounce from the support zone and hit both targets.
Target 1 is level 23,000 and Target 2 is level 25,000 USD
So be ready for such a scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment, thank you.
For last few days BTC fell more than 50% down from 31,500 to around 20k for now.
And for now at the deep from support zone 20,000-21,000 USD price created a divergence with RSI index.
As you can see BTC created 3 lows but the RSI index create new highs.
That means we can see upward impulse from a short-term perspective.
I think the price can bounce from the support zone and hit both targets.
Target 1 is level 23,000 and Target 2 is level 25,000 USD
So be ready for such a scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment, thank you.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.