Not a pro trader but using general this is what I'm seeing. I closed my position last night at $11600 expecting a pullback as we bounce off the downward . It seems a bit premature to me to warrant a rise much beyond this, for now.
Generally overbought conditions in downward market. Looking for a pullback from here - to perhaps test our strength at 10k or lower. Long term I am still btc .
If you have any tips for me I would love to hear!
Good luck everyone! :)
It seems bears are taking control.
PS, in my chart I have positioned a bounce roughly $8252 but then descending channel bottom is much lower. I hate to cause panic but might be cautious here unless a strong reversal is seen soon. Watch out below and good luck!