📉 Is the trend reversal in the market approaching?
🔍 A quick analysis of the RSI indicator on $BTC
🧠 The Relative Strength Index (RSI) is currently nearing the oversold level (30) on the 4-hour time frame, which may indicate a potential upcoming bullish rebound.
But ⚠️ don't be fooled by the signal alone! Combining RSI with support and resistance lines and price waves provides higher accuracy.
📌 My personal opinion: I am watching the level 66,500$ as a key to confirm the reversal, with strong resistance at $67,800.
🚨 Entering without confirmation could be an adventure!
💬 My question to you: Do you rely on RSI in your analysis? Or do you prefer other indicators?
#Technical_Analysis #BTC #Indicators #تعلم_التداول
