Hello all! Back today looking at the big picture of COINBASE:BTCUSD because the small picture is very deceiving right now.
Zooming out to the one day view, a clearer picture of what is going on, and some plausible trends emerge. I have highlighted the scenario I think is most likely.
I find Stoch RSI to be a great tool lately, and right now it is without a...
We have entered an interesting situation in COINBASE:BTCUSD with the price breaking above the double top dotted line resistance.
This leaves us in an oversold state, which I see bringing the price down FAST shortly.
I have entered a long position, which I intend to sell at 8,7XX, and then I intend to enter a short position upon confirmation downward.
Looking...
