RSI still showing a negative divergence. Resistance at £30,000 is also in line with the 200 EMA on the 4HR. This could be the level where longs get trapped, be careful.
IMO this is a dead cat bounce as we go much lower once £30,000 is rejected. Short at £30k.
IMO this is a dead cat bounce as we go much lower once £30,000 is rejected. Short at £30k.
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