Possible move down for BTC
BTC had a really good week but the RSI indicators are showing overbought levels on a lot of timeframes.
If the trend line breaks we may be looking at
36K in the next week to come
If the trend line breaks we may be looking at
36K in the next week to comeCatatan
Potential H&S forming on the 4H, which would give 34K as a target in roughly 5 days or lessCatatan
Looks like a rounded bottom is forming so careful with shorting @ 38k area, this is most likely temporary only but I suggest taking some profit here
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