BTCUSD—Engulfing Candle Boosts 70K Probability
GM crypto bro's! The fear and greed index remains in the greed zone at 72, while the Stoch RSI is on its way towards oversold. The BTC candle on 24th October closed with a solid engulfing pattern, increasing the probability of further upward movement, possibly around 70K.
However, given the fear and greed index has stayed in the greed zone for several days, keep in mind that the market is dynamic—don’t FOMO, always manage your risk. Akki signing off—one chart, one love. Have a nice day and stay SAFU.
However, given the fear and greed index has stayed in the greed zone for several days, keep in mind that the market is dynamic—don’t FOMO, always manage your risk. Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Related publications
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.