BTC is forming a diamond for a well needed healthy pull back. The price target would be $50k minimum, that would be the .236 Fibonacci level. $47387.56 is the .382 and $45699.57 is .50. If we retrace < 50% it will show the strength in the current market.
We also have a RSI failure swing in play. When the 233 minute 14 RSI is crosses down and a candle closes with a value< 57 it is a sign of confirmation or entry.
We also have a RSI failure swing in play. When the 233 minute 14 RSI is crosses down and a candle closes with a value< 57 it is a sign of confirmation or entry.
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