BTC - Bullish railroad tracks/divergence

14 de jun. de 2022

After finding support at our critical level of $20,800 we have created bullish railroad tracks on multiple different timeframes. This gives us a good RR to go long with a SL at the lows. We have also created a bullish divergence on our RSI. Outlined above are key price levels where sellers could look at shorting. If we drop below these levels, BTC could fall to around the $19,400-19,800 level in the short term and potentially even lower after that. Many thing to keep an eye out for, but most importantly the FOMC meeting on Wednesday.