BTCUSD looking overextended, a pull back to $360 would be nice

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The RSI has reached overbought for the second time without testing the 30 zone, the opposite of early October, support is now at $360 so a perfect move would be a two day pull back to those levels then gear up of a strong rally to 440-450.
Tone Vays - Content Creator & Derivatives Trader
Web Site:
Twitter: @ToneVays YouTube: Tone Vays & WorldCryptoNetwork
We just broke the medium term down trend. Going back to $360 short term would mean going back under significantly. I think we'll see more up before a retrace.
ToneVays PRO MoonTrader
True, but that is a monster move of straight up from 275 to 400, even if you don't go short i would take most of the long position off the table, somewhere between now and 450 there should be a pull back. i'm slightly short and will be happy with a pull back even to 380's before headed higher, i do agree that the trend change has occurred last week.
+1 Reply
MoonTrader ToneVays
I'm betting that we'll break out of this small descending wedge and move up to $434 before the pullback. The biggest spike usually comes toward the end of the short-term bull runs.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out