BTCUSD - Important Levels to Watch in the next 24 hours

Price needs to get back into the daily cloud to continue bullish momentum. Rejection of the cloud can immediately turn sentiment bearish making this a relief rally.

There's bullish divergence on the RSI/MACD/MFI and BTC is extremely oversold so I wouldn't recommend shorting here. Higher probability of upside. Price can go either way; watch the next daily.

Good luck.