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Technical analysis by FxSniper_ about Symbol BTC: Buy recommendation (8/5/2021)

https://sahmeto.com/message/2544610
FxSniper_
FxSniper_
Rank: 7215
1.6
Buy،Technical،FxSniper_

HII everyone as we can see a divergence in this h4 chart so most trader are expecting price to drop based on divergence but i am seeing something different we are at 60.57 RSI and i am expecting RSI to hit 86.57 to make this divergence unvalidated which will take Bitcoin price to 49000$ until then i dont think we will see any drop so if you are short selling bitcoin be cautious because all i see is bitcoin hitting 49000$. after that maybe we will see some sell off so i would suggest going long above 39000$. GOOD luck

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$40,869.55
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