4th Monthly Red Candle in BTC Price Chart

in hive-119463 •  3 years ago  (edited)

BTC price is under pressure with possibility of Ukranie Russia war.. We haven't seen 4 red candles in a row since 2018. This is the first time since 2018...

After 3 monthly red candle, I was sure that we would not see a red candle. Because consadilation might be completed but possibility of Ukranie Russia war made market red again...

Ekran Resmi 20220221 22.04.19.png

It will be nice to see 4th monthly red candle. If we close this month in red, we may be completed the correction...

Here is monthly Bitcoin RSI Indicator chart. There is grear support line on RSI. Monthly RSI is about 55 and the dip of RSI is 47... So close to the dip...

Ekran Resmi 20220221 22.08.43.png

Here is also weekly BTC chart and RSI Indicator touched the great support line!

Ekran Resmi 20220221 22.11.11.png

Weekly and Monthly close are very important for BTC price future!

I believe I will not break down. Support lines will work...

We will see...

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

interesante tu analisis