There are promising sings of a recovery in Crypto markets. The black line coming from 3T is our main resistance. There are 2 scenarios: #n1 Blue line means BTC = 48K --- #n2 Purple line means BTC 27K. We currently have a good MACD and RSI. The pink line resistance of RSI comes from early 2021. If we succeed in breaking that, scenario #n1 will happen, otherwise scenario #n2.
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.