!!!Attention this is not a recommendation, it is a summary of a set of ideas from tradingview It simply serves to inform you.!!!

By: royeo 05:50 Dec 26, 2020 Exchange Bitstamp

RSI might suggest we are going DOWN!! SHORT

Hello everyone :)
Today i'll show you what i think thebitcoin's RSI tells us about the upcoming month in BTCUSD compared to the last multi-year bull cycle in 2017.
2017 bull cycle
1) 53.5 is a very strong weekly support line, we can see that it never got below this level during the whole cycle in 2017, everytime bitcoin's RSI hit that support line, it suggested us that the short term correction is over and bitcoin is ready for the next move.
Once bitcoin's RSI broke below it, it was the bad news bears.
During the whole cycle bitcoin's RSI buttomed in approx. 57.47 (7 touches).
2) RSI tend to top in approx. 85.32 (7 touches), and each time RSI toped, we had an approx. 33.85% correction which took us approx. 24.5 days to fill.

2020
1) we can clearly see a first touch in the 53.5 support line which successfully acted as support, which indicated us that bitcoin is starting a new bull cycle.
2) RSI suggest that bitcoin is a exhausted and needs a correction.
2) topping at 89.9 will probably lead to an approx. 33.85% correction in approx. 24.5 days (18.1.21), which will bring BTCUSD to 16537.5.

Hope you guys are ready to grab some cheap BTC soon :)

By:TheSignalyst 12:11 Dec 24, 2020 Exchange Coinbase

Will History Repeat itself ? BITCOIN Christmas Tree Pattern!

Merry Christmas Everyone! and hope 2021 will be the best of luck!

I want to thank each and every one of you for supporting me this year, and I promise to keep pushing forward...

If you like the idea, do not forget to support with a like and follow.

This Christmas pattern is just for fun but at the same time may be relevant to the current situation.

Will history repeat itself this Christmas. Let's see how it goes!

As per my last Bitcoin video analysis, I mentioned that price is approaching a strong round number 25k so we will be looking for sell setups. but that doesn't mean that we should sell now, we will be looking for sell setups on lower timeframes, with extra confirmation and trigger. (or whatever suits your trading plan)

Good luck everyone and thank you once again.

____________________________________________________________________________________________________________________________________________________________________

Daily Crypto Calendar, Dec 26th

• BitTorrent (BTT)

DLive Protocol

"DLive Protocol is coming out next week!"

• Newscrypto Coin (NWC)

IOS Wallet

Wallet will allow users to store, send and receive NWC tokens. Monitor your portfolio on the go! Staking option will be added in the future.

• Linear (LINA)

Gate.io Listing

"New listing @LinearFinance"

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