BTC correction incoming
Updated
BTC has been rising the last few days, we broke a lot of resistance which is nice to see.
however BTC is extremely overbought and the stoch rsi is also very high. If you look at the graph you can also see a resistance line from the fib, this line is pushing the price back as we van see. Because of this I think we will go down on the short term to recharge.
looks to me like an simple trade, easy money :3
( I'm still very new to crypto and analysing graphs, if you think i did something wrong please leave a comment, I want to learn.)
however BTC is extremely overbought and the stoch rsi is also very high. If you look at the graph you can also see a resistance line from the fib, this line is pushing the price back as we van see. Because of this I think we will go down on the short term to recharge.
looks to me like an simple trade, easy money :3
( I'm still very new to crypto and analysing graphs, if you think i did something wrong please leave a comment, I want to learn.)
Trade active
Hi guys,If you look at the graph of BTC you can see BTC going a little bit up again. Keep in mind the possibility that a bull flag is being formed here.
However it is quite early to say, so lets see how it will turn out.
Good luck :)
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