Some observations on previous BTC moves.
Updated
It is unclear where BTC is going next, up or down. Long-term it is down to 6200-7000, mid-term up 8800-9200, short-term unknown.
I will try to stick to the RSI pattern from previous moves. As soon as RSI breaks the resistance trend I will go long. Now I am out of trades, because the situation looks pretty flat to me. As long as BTC moves further down and breaks 7700, I will go short up to 7000 and then 6200.
Good luck all. Do not forget to put your stops. Share your ideas, so together we can find the sweet spot of entries.
I will try to stick to the RSI pattern from previous moves. As soon as RSI breaks the resistance trend I will go long. Now I am out of trades, because the situation looks pretty flat to me. As long as BTC moves further down and breaks 7700, I will go short up to 7000 and then 6200.
Good luck all. Do not forget to put your stops. Share your ideas, so together we can find the sweet spot of entries.
Trade active
As expected. Reversal of the price at RSI resistance breakout.
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