Technical analysis by NonComposMentis about Symbol BTC on 8/22/2023
https://sahmeto.com/message/3324506
NonComposMentis
Rank: 8161
BTC: RSI at 20 - a bull trap?
Neutral
Price at Publish Time:
$26,061.19

BTC is at its lowest 1D RSI in 3 years. Can't remember the price dumping further at this level. It might have happened - but very rarely. 25k is very strong support. If BTC wants to go lower I assume we see a bounce up to $28000-28600 first. Some levels of confluence around 24100 and 22800. IF BTC rises to 28500 but fails to break the resistance I will likely sell (only a few % of my whole bag) and rebuy lower. NFA. DYOR. I am a human being, and I have been married three times, so I'm obviously prone to error.
Source Message: TradingView