BTCUSD H1 STRATEGIC EXPLANATION
BTC is now in a clearly downtrend daily, despite of this it have some times during hours that make doubt some traders.
With this graph I intend to explain RSI strategy. Have in mind RSI daily is around 37. Currently BTC is resisting between 10,000 and 10,300 H1 RSI 47, buyers try to avoid the fall but with his Try are giving air to daily RSI!
RSI H1 might be could go up until 75 max (overbought zone) it means price recover until 10,500 average after that we could expect a great fall around 1200-1500.
Follow me to watch my other charts.
Good trading!!
With this graph I intend to explain RSI strategy. Have in mind RSI daily is around 37. Currently BTC is resisting between 10,000 and 10,300 H1 RSI 47, buyers try to avoid the fall but with his Try are giving air to daily RSI!
RSI H1 might be could go up until 75 max (overbought zone) it means price recover until 10,500 average after that we could expect a great fall around 1200-1500.
Follow me to watch my other charts.
Good trading!!
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