BTC headed to range highs?

2021년 7월 3일

BTCUSDT



The parabolic trendline plotted is holding up nicely and BTC is expected to reach range highs soon, given that the momentum gets a push. The RSI is forming a symmetrical triangle, RSI bounced from 42.46 which has been quite a nice bounce area for BTC in the past and I'm expecting this is the push we've been waiting for. The idea is that we need a break above the RSI symm triangle to reach range highs, so waiting for that. We get the push and we will be at 38k then onwards to 40-42k high and then selling ensues to get us down again where I have my bids set at 27500, 25500, 23500 and one small 10% bid at 19000, just in case.