Strong move by BTC today! Daily we are approaching resistance-see the purple overhead resistance box, and notice how 1 of our supertrend indicators will flip bullish if we can turn this resistance into support. Both supertrends are still bearish so a pullback in this area makes sense short term. This lines up with our stoch rsi topped out. If you were positioned...
Short term outlook looks OK. BUT our stoch rsi on the daily is cooked (at 100). This can stay in that range but will make its way down eventually. If looking for an entry, wait for the daily to reset. Otherwise, not a bad spot to TP and wait for a chart reset on higher timeframe.
*not financial advice
Using a combination of supertrend and stoch rsi to trade $CRV on a mid time frame. 30 min, 1 hour, 4 hour, and 1 day time frame for best results. Daily time frame super trend flip=$$$
*not financial advice
