Daily Chat Analysis Tested By Mathematics

[The Pivotologist]

Bitcoin Outlook on the 4HR, Weekly and Monthly.


4HR - https://twitter.com/P1ivotology/status/1060487979834269696

Weekly - https://twitter.com/P1ivotology/status/1060488955890679808

Monthly - https://twitter.com/P1ivotology/status/1060488668962533378
​

Notes to accompany today's CRYPTO charts....

- Prices are pulling back, and not really unexpected having seen RSI turning over during the day on the BTC 4 hour chart.

- Pull backs are fine, so long as they hold supports below. In most cases, we're seeing a backtest of the 50ma and given it was such tough resistance throughout the bear market, it would be good to see it hold. I'd use that as a first area to add or reduce positions. There is still the 9ma in all cases as an additional support level too

[XinXan]

''Mathematics'' meaning using the RSI and maybe some MA's? What kind of technical analysis is this? You can't predict anything just using the RSI, come on man..