Hi everyone, I just want to share with you this RSI chart on Bitcoin on a Daily Time frame.
Basically, this is from the All time Highs until the current consolidation phase. I rarely draw a Support and Resistance in RSI but this is interesting movement, If the RSI breaks on either trend line, we might see a major move, either on the down side or up side.
So I'll be patiently waiting on this for another confirmation.
That's all guys! Take care! NFA, DYOR and TAYOR. Goodluck!