Relief long bounce incoming
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.
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