BTC/USD Short
Looking at the technical indicators:
Hourly MACD – The MACD for BTC/USD is slightly placed in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI is presently well above the 60 level.
Major Support Level – $6,320
Major Resistance Level – $6,500
Hourly MACD – The MACD for BTC/USD is slightly placed in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI is presently well above the 60 level.
Major Support Level – $6,320
Major Resistance Level – $6,500
Note
Could that have been the bottom ?RSI currently overbought.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.