Long bitcoin to the daily resistance zone at $36,700.
After that prepare to short again until we drop to the mid-20's.
RSI coming out of oversold and should touch 50 before rejecting.
The 4-hr 21 ema will also be at that same resistance zone in a few hours. This ema has acted as a good resistance line the whole trip down.
After that prepare to short again until we drop to the mid-20's.
RSI coming out of oversold and should touch 50 before rejecting.
The 4-hr 21 ema will also be at that same resistance zone in a few hours. This ema has acted as a good resistance line the whole trip down.
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.
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.