Be careful about BITCOIN!
After a bullish trend we see two higher peaks in price, but two lower peaks in the RSI indicator! This is really dangerous when it comes to assets with high volatility such as BITCOIN. As it is shown on the chart we hope that those support zones would support it and help it to go high again.
If we lost the support zones it may go down to trend line's starting point!
It's just a speculation and anything else is probable so set stop loss for your trades in order to avoid losses.
If we lost the support zones it may go down to trend line's starting point!
It's just a speculation and anything else is probable so set stop loss for your trades in order to avoid losses.
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