BTC, close above 9300 for today?
I'm not so sure. I'm looking for a double top on the 1H, which would be a pretty solid rejection but I don't think it would be enough to change the course of the uptrend we've had going for the last week.
It's definitely time for a retracement of some kind and that first rejection around 9300 might give us a clue, since this is the highest BTC has gotten in over a year.
MACD looks like it wants to rollover in the next few hours, if it does and the price continues to go up, there will be some nice divergence and a good opportunity to short, short-term that is.
Stochastic RSI crossover looks crappy and flat, I'm gonna sit this one out and wait for confirmation above 9300 or a rejection.
It's definitely time for a retracement of some kind and that first rejection around 9300 might give us a clue, since this is the highest BTC has gotten in over a year.
MACD looks like it wants to rollover in the next few hours, if it does and the price continues to go up, there will be some nice divergence and a good opportunity to short, short-term that is.
Stochastic RSI crossover looks crappy and flat, I'm gonna sit this one out and wait for confirmation above 9300 or a rejection.
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