BTCUSD retesting 11000 or going back to 4000?
BTCUSD has seemed to break the the 6500 to 7000 resistance.
Why BUY?
1 week RSI is approaching 50 while 1D, 4H and 1H RSI has already broken neutral momentum which gives BULLS an edge.
Creating higher highs and lower highs for the daily timeframe.
Why SELL?
We are still below 61.8 percent of the retracement from the 10533 to 3981 drop.
I might go for LONG. For more ideas, please do LIKE, COMMENT and FOLLOW. Thank you.
Why BUY?
1 week RSI is approaching 50 while 1D, 4H and 1H RSI has already broken neutral momentum which gives BULLS an edge.
Creating higher highs and lower highs for the daily timeframe.
Why SELL?
We are still below 61.8 percent of the retracement from the 10533 to 3981 drop.
I might go for LONG. For more ideas, please do LIKE, COMMENT and FOLLOW. Thank you.
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