How to trade BTCMXN Ichimoku and TD Sequential

BTC touch briefly the 90K zone just to pull back. Ichimoku signals a bullish bias although is very clear that RSI is in the overbought zone. BTC may very well keep hitting ATH's but I wouldn't advise to enter the market in this conditions. The TD sequential also signaled (sell) price exhaustion for the last bars, this is basically telling us that the trend might be reversing and we should start considering taking profits if long.

bitcoinpricebitsoBTCMXNpesomexicanotdsequentialTrend Analysis

Disclaimer