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XBTUSD - Bearish Cypher - 7.8k-7.9k
Just a simple Bearish Cypher doing it's thing:
Looks like we could pop back up to ~8280, maybe touch 8.3k before heading back down to 7.8-7.9k, all of which should take place within the next 24 hours. It's also possible we completed the retrace to D at 8263 and are on our way down currently with 15m RSI @ 70, even though MACD is bullish.
Looks like we could pop back up to ~8280, maybe touch 8.3k before heading back down to 7.8-7.9k, all of which should take place within the next 24 hours. It's also possible we completed the retrace to D at 8263 and are on our way down currently with 15m RSI @ 70, even though MACD is bullish.
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