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Michael_Harding

Be Cautious About Buying Here

Short
Bitcoin (BITSTAMP:BTCUSD)  
Michael_Harding  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns btcusdshort BTCUSD
11
0
trendanalysis harmonicpatterns chartpattern btcusdshort btcusd
Taking a look at RSI on the daily timeframe, it's well overbought. At this levels, I would caution traders from buying here and wait for a decent dip before going long.

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