I would put short on it for a while until the price movement is rigidly confirmed. There is the more possibility that it draws a double top pattern or head & shoulder because RSI & accumulation and distribution lines are now in a bearish divergence. If the price ends up with falling down today's daily chart on the both sides the east and west, people may get...
There is a hidden bearish divergence on RSI. It should have gone up steadily not to make this divergence. System trader can easily catch the signal and sell off. So you'd better wait until the divergence is released.
I am an Korean investor. It seems that there is a hidden bullish divergence on weekly chart. The bottom line has already been touched maybe. Maybe I drew too long though. Good luck everybody.
Overall, correlation coefficient ratio is very high. If you look at them, the chart patterns are also very similar to each other. BTC price is likely to be going up when Dow index rises.
I think that it may go up to 1080000 in a day . All good. but the indicators say that it's too much overbought. I want to wait until the Stochastic momentum is downward below the oversold line.