#BTC global update
▪️I drew a parabolic pattern on BTC to show when to buy and when to sell. On the chart, you can see both uptrends and downtrends (bear/bullish). At the moment we are trading in the bear trend and buying now would not be the best idea.
▪️What do indicators tell us?
💡Moving Average EMA 200 - look out for the orange line when the price is trading lower, this is a buy signal.
💡Relative Strength Index (RSI) - is oversold at a record high, giving a buy signal.
💎In order not to miss the next race, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas per day.
▪️I drew a parabolic pattern on BTC to show when to buy and when to sell. On the chart, you can see both uptrends and downtrends (bear/bullish). At the moment we are trading in the bear trend and buying now would not be the best idea.
▪️What do indicators tell us?
💡Moving Average EMA 200 - look out for the orange line when the price is trading lower, this is a buy signal.
💡Relative Strength Index (RSI) - is oversold at a record high, giving a buy signal.
💎In order not to miss the next race, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas per day.
