BTC market update 3.16.21

2021년 3월 17일

RSI needs to hold trend line otherwise we will need to test the 50 at least, but i'm looking at the 40's if we want to continue our upwards trend. Anything below will signify a market reversal and we this run may be over for the mid-term. In terms of price i'm looking for a liquidation candle so aim for the most recent low in market structure which puts under right under 40k. If aggressive sell off then we can see 35k. If RSI breaks the upper diagonal then we the sky is our target. Can't really say where exactly. It's hard to ignore the bearish divergences here, BUT we could be consolidating upwards. It's a thing these days.

2021년 3월 20일

노트

Dates for apex of where the trend lines converge on RSI. Decision time soon.

2021년 3월 30일

노트

Broke down, but came right back up. Upwards consolidation still in play. First target is high 60k. Main target is 92k. We'll see if we get there.

2021년 3월 31일

노트

Bullish hidden divergence on the 1 day