Bitcoin is overbought, expect a reversal today. There are still some chances of reaching the $10000, but at this point we will reverse for sure. LONG positions should be closed. We also considering opening a SHORT position at $9700 and average if BTC decides to grow up to $10000. Target is $9150.
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Closed a half of my initial position at $9450 with 25% profit (x10 lev). Another part is on hold until $9250 with the stop loss placed in break even zone.
this is what I have on it, BTCUSD looks interesting
lonercapitalist
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Doubt it. Still has another leg up above 10000
slayerinstance
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I think so, thumb
AminHa4
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Looks like we have rsi divergence in 1h chart, if it fail in breaking the resistance... it will go to 9k ...
But in 9150? it can reset rsi if it shows a good support ... and after that we will 10k again.
Thanks about your idea.