Breaking out of falling wedge pattern and also stuck under strong resistance from the daily Super Trend sell print. Hard to say TBH,
The Stochastic RSI on the daily is screaming sell and buy the daily TF dip.
But the LTF's keep building Higher lows and grinding higher. I think if BTC doesn't nuke here that the daily stochastic RSI can stay overbought for many days even a week or more B4 any drop and we could get our long awaited push to $75k.
Also the weakness in the DXY could be the missing piece the BTCs elusive pump that we've been waiting for.
IDK just my thoughts, we should be in Hold positions only and not Lev trades IMO.
At least that's my 2cents.
If you r just in hold trades these moves r just hard to sit through during the dump but we don't get whipped out either.
GL guys Big Mike loves u!
The Stochastic RSI on the daily is screaming sell and buy the daily TF dip.
But the LTF's keep building Higher lows and grinding higher. I think if BTC doesn't nuke here that the daily stochastic RSI can stay overbought for many days even a week or more B4 any drop and we could get our long awaited push to $75k.
Also the weakness in the DXY could be the missing piece the BTCs elusive pump that we've been waiting for.
IDK just my thoughts, we should be in Hold positions only and not Lev trades IMO.
At least that's my 2cents.
If you r just in hold trades these moves r just hard to sit through during the dump but we don't get whipped out either.
GL guys Big Mike loves u!