Clear and simple:
- Bounced from local resistance two times.
- Bounced from RSI resistance trendline.
- Stochastic RSI shows overbought.
- It's monday tomorrow, and we all know BTC likes to move at the beginning of the week.
- Trade is invalid if the price breaks above 33k resistance creating higher-high at 1H chart.
+ BTC further price correction could trigger altcoins movements, where ETH is stealing the spotlight rigth now.
- Bounced from local resistance two times.
- Bounced from RSI resistance trendline.
- Stochastic RSI shows overbought.
- It's monday tomorrow, and we all know BTC likes to move at the beginning of the week.
- Trade is invalid if the price breaks above 33k resistance creating higher-high at 1H chart.
+ BTC further price correction could trigger altcoins movements, where ETH is stealing the spotlight rigth now.
Related publications
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.