/biz/ - Business & Finance

>>19383435
If the 12h RSI trendline breaks, I will absolutely start looking to open a large long position. Earlier today, 2h and 4h broke similar trendlines, so it would not be weird for the 12h RSI trendline to break soon either. One more powerful green candle is all it would take.

If the 12h were to break in the very near future while we're less than $1000 away from the long term resistance, I feel it has the power to finally break that resistance.

Here's 4h from earlier today. Bullish divergence gave it one good push up, and I feel it has at least one more upward thrust left in it. It's just consolidating right now, but it's looking healthy.

>>19383475
Even if we pull back, I'd eye the low 8000s first, because the 1d 200 EMA and SMA are there waiting to support the price. It wouldn't be weird to establish a base around there either.