RizeSenpai

BTC This Morning Looks A Bit Exhausted

Short
RizeSenpai Updated   
FTX:BTCPERP   Bitcoin Perpetual Futures
BTC is at the PCZ of an ABCD on the hourly and is currently trading at the 800 hour EMA with an RSI that's coming off the overbought zone. i think this could go either one of two ways. The first is it will break above 20.5k breifly then pullback or it will just break below the 800 hour EMA and go for a minimum target of 19.5k. Overall i remain bullish on the Daily but the Hourly right now just feels like it needs to pullback
Trade closed: target reached

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