raulovidiu31

BTC RSI break up

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Since February a clear pattern can be noticed on the RSI for the BTC price with clear support and resitance. Today the RSI has broken above resistance which should suggest that BTC will break towards the upside from the current triangle pattern formed on the price chart. Although this should be a clear enough clue to what way the price will go in the coming days, there is still a possibity for a fake out on the RSI if the BTC price breaks down from the triangle pattern on the price chart, so personally I would wait for a break up from that as well to confirm the new RSI trend.
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