$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
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
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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.