2021-06-21 14:32:10
Bitcoin hasn’t been able to break the Daily downtrend from RSI Since January 7 (show on the chart). After Bitcoin Broke on 17 Mai 40600 (2.236 fib level) and found support at 30.4k (1.618 fib level), we ranged between these 2 levels. As long the RSI is downtrend the best advice I could give was to buy low 30k sell high range 40k. for now while Bitcoin still In range trading #buying supports and #selling resistances is the best play.
With BTC on the 1h also being oversold and bullish RSI divergence expects some bounce here.
Simple plan:
buy close above $33333 above Sunday Low
dump & ladder buy $31.9k , $30700 and $29300 entry
Globally Key support still the same 28.8K close below and things can get ugly. If any fud pop this low my get tested.
Weekly Key support $30.9
Remember the more time Support or Resistance get tested the weaker it gets we have been testing both Range meltable time.
July historically a bullish month for Bitcoin . Also End of the month we have 1 month, 2 months, 3 months, and 6-month
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