Hi, This is my first TA and I have a whole lot to learn but I might aswell give it a go so I can get some (hopefully constructive) feedback. Well I did some fibonachi retracements for the hourly chart to show the support/resistance levels.
I made a descending rectangle to show the bearish trend.
However, if we look at the stoch RSI we see oversold XBT which might instigate a short-term pump for the rest of today and tomorrow.
I am gonna long this till 3750 and try to get some nice profits.
Good luck from your friend and neighboor, MoonMan
I made a descending rectangle to show the bearish trend.
However, if we look at the stoch RSI we see oversold XBT which might instigate a short-term pump for the rest of today and tomorrow.
I am gonna long this till 3750 and try to get some nice profits.
Good luck from your friend and neighboor, MoonMan