Bitcoin revisiting $28.000
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.
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