Hello again, today i would share with you my idea on BTCUSD!
As we see from the day chart of BTCUSD, they recently just broke the $9500 resistance levels.
The Stoch RSI levels are still low, which means that there are still rooms for the price to increase.
From the chart, we could compare it to the last time that it reached the 9700s levels.
From that time, the stoch RSI levels are on top, so we could expect some corrections, but at this time, stoch RSI is still low, and in addition to that, RSI is not yet overbought.
We could expect it to go up to the $10000 levels
As for the fundamental part, Goldman Sachs just hired its first cryptocurrency trader, meaning, the big money (whales) are there!
This is not a financial advice!
Any comments or feedback are welcomed!
As we see from the day chart of BTCUSD, they recently just broke the $9500 resistance levels.
The Stoch RSI levels are still low, which means that there are still rooms for the price to increase.
From the chart, we could compare it to the last time that it reached the 9700s levels.
From that time, the stoch RSI levels are on top, so we could expect some corrections, but at this time, stoch RSI is still low, and in addition to that, RSI is not yet overbought.
We could expect it to go up to the $10000 levels
As for the fundamental part, Goldman Sachs just hired its first cryptocurrency trader, meaning, the big money (whales) are there!
This is not a financial advice!
Any comments or feedback are welcomed!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.