Looking at the Heatmap on tradinglite i can see some big orders on Bitmex at 7576, if we dont hold that theres some more support at 7480 for the short term.
We got sellwalls above on Binance at 7800, 7900 and 8000 at around 500BTC each.
We also have alot of really big buy walls around deeper levels so some might anticipate a drop to retest previous lows.
No financial advice, trade with caution.
For the picture i choose i can add: Rsi isnt a tool you should rely on too much imho. Always use multiple indicators.
Wolfpack id shows a similar divergence to the run up we saw before the big crash.
Here is what I have on the current situation with the BTCUSD
trytofeelpositive
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good and interesting analysis bro, keep movin
i have something similiar and looking for short in 7900-8200 zone
sasquatron
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I've never seen the wolfpack id indicator. Interesting. 4 hour RSI is actually showing a bearish divergence from April 7th and another local bearish div from the past 3 or 4 days.