I put chart based on RSI indicator on weekly for TRBUSD
I've never seen something like before...
Now RSI is at very low nivel.
If we believe in TA, RSI will grow to much...
Price, too...
Resistance about 30 usd is strong....
We have to wait...if the price will be above 30 usd at the end of the month and the price will enter in january bullish, all month january will be bullish...but this time will be for real...
It is less likely to be a bear market ... but you never know ...
Good luck everyone!!!
I've never seen something like before...
Now RSI is at very low nivel.
If we believe in TA, RSI will grow to much...
Price, too...
Resistance about 30 usd is strong....
We have to wait...if the price will be above 30 usd at the end of the month and the price will enter in january bullish, all month january will be bullish...but this time will be for real...
It is less likely to be a bear market ... but you never know ...
Good luck everyone!!!
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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.