PrinceSinbad

1 hour trend

Long
BITSTAMP:BTCUSD   Bitcoin
We are overbought in the 1 hour chart for both rsi and stoch. On flipside, we past a resistance zone outlined in the red box. The EMA ribbons have been crossed, it may be unwise to short scalp against the trend.

This is not a swing analysis, merely a scalp analysis. If you are scalping, scalp longs. take it from someone who is currently in an underwater short.
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