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BlackchenOG
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$BTC Bitcoin is currently performing the doji candle play but currently it's still deciding whether to break the resistance or not. for now this is still not solid reversal but has a potential to bounce more to the upward once this said resistance breaks. also last low showing long wick, as long as that last low holds the price kindly temporarily ignore my 50k-46k target. this uptrend is currently performing at the 4hr chart turn on your RSI monitor RSI 50. if RSI curve down at 50 then it's time to exit the trade. if RSI breaks 50 wait until RSI hits 70 before you exit your trades. coz a potential retracement might occur once the desired RSI will be visible at 50 or 70 for us to decide. can still extend above but let's focus first on he current play. none of these are financial advice 🔥 please risk according to your appetite.
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$BTC 2 scenarios for BTC 4hr frame. if RSI breaks rsi50 62k is possible to hit but if RSI rejects at rsi50 expect a retracement. not financial advice 🔥
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