$BTCUSD - bullish with cautious view
- it's a buy on dips. no short sell
- RSI 84... overbought... needs to either break it or cool down...sideways to lower bias
- 11700 should hold on daily for momentum to continue
- resistance at 12800 tested.. need to see
- Shorts on bitfinex have fallen considerably. sign for market topping out for some time
- funding on bitmex has reduced to 0.01 from 0.26 % within a span of 3-4 days.. shorts would automatically fall down
- RSI 84... overbought... needs to either break it or cool down...sideways to lower bias
- 11700 should hold on daily for momentum to continue
- resistance at 12800 tested.. need to see
- Shorts on bitfinex have fallen considerably. sign for market topping out for some time
- funding on bitmex has reduced to 0.01 from 0.26 % within a span of 3-4 days.. shorts would automatically fall down
交易進行
as predicted, BTC corrected sharply soon RSI reached 84 levels confluence with BTCUSD reaching resistance levels. Check my latest idea on BTCUSD for next leg
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