BTC running out of steam on the Weekly

7 พ.ย. 2023

Weekly Timeframe:

This looks like a classic "w" formation or double bottom pattern.

For those looking for a good entry into another long set up, I would wait for a retest of the old resistance now turned support around the 30,500 level.

This area coincides with the .5 to .618 fib level.

RSI is at a key level that often signifies a reversal just above 70.

Not financial advice, do your own DD.

Good luck everyone!

11 พ.ย. 2023

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