BTC analysis for most possible direction

9 ก.พ. 2023Didn't post yesterday, was busy
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This is copy paste from yesterday

BTC not looking so hot atm
#BTC RSI is sinking fast

TOTAL 3 = #altcoin
Also looks weak but nowhere near as much
Facing heavy resistance

We're likely due for a lil pain from here

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TODAY

1/2
BTC @ an important area

#BTC holding @ dotted line support
#bitcoin trading UNDER Red Mov Avg for 2nd day

Buy volume lowers, sells > than buys but not much
RSI MUST NOT tread sub 50 area (middle)

We break Green Mov Avg still ok but MUST HOLD Breakaway Gap area

#crypto

2/2

What about BTC vs #altcoins?

TOTAL 3 = #altcoin
Staunch resistance right above
Yet holding better than #BTC

4Hr shows some buys coming back
See the Inverse head & shoulder?
Ugly but it's there

#crypto had huge run, it's okay to REST as long as it doesn't fall asleep