Avril_Forex

BTC/USDT Approaching strong resistance?

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello friends

Bitcoin rose strongly
And according to the following,
I expect the price to bounce back from the price range of 45440-48212:

Approaching the weekly resistance range

Monthly time frame:
- Stoch RSI; Nearly 100

Weekly time frame:
- RSI; Above 82
- Stoch RSI; 100

Daily time frame:
- RSI; Above 80 and observe divergence
- Stoch RSI; 100 and divergence
- MACD; reach the maximum

4H time frame:
- RSI; Divergence
- Stoch RSI; Divergence
- MACD; Divergence and tendency to decline

Target: 30992-33383

Be profitable

Thank you for expressing your opinion with likes and comments

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