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What I am Watching for $BTCUSD- RSI & Candlestick Trend Anal.
This is what Im watching for on the BTCUSD dailys.
If the RSI holds at the triangle support and starts going up then I think it could make one more high and low inside the triangle before we can tell if the ~$7825 resistance will break or not.
However, we can also see the RSI is currently testing the support of the triangle. If the support does not hold on the triangle then the ~$7825 resistance will hold and I would take this as a reversal signal.
**Only my third post. Always appreciate constructive criticisms**
BTCUSD dailys. If the RSI holds at the triangle support and starts going up then I think it could make one more high and low inside the triangle before we can tell if the ~$7825 resistance will break or not.
However, we can also see the RSI is currently testing the support of the triangle. If the support does not hold on the triangle then the ~$7825 resistance will hold and I would take this as a reversal signal.
**Only my third post. Always appreciate constructive criticisms**
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