Daily divergence and extremely overbought. Looking for pullback to 1700s or CRASH!
Comment:
BTC : Lower Lows or Not ?
BTC tags my primary target of 17000. I'm waiting for exhaustion on the downside followed by a break of resistance 17667 to signal the bottom is in place. I won't be trying to catch a falling knife but if we do take out 17667 with confirmation above 19000, then I'm only looking up again.
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BTC tags my primary target of 17000. I'm waiting for exhaustion on the downside followed by a break of resistance 17667 to signal the bottom is in place. I won't be trying to catch a falling knife but if we do take out 17667 with confirmation above 19000, then I'm only looking up again.