4 hour BTC RSI showing a bearish failure swing and failure to break above the prior bearish order block. I will be looking towards the next major daily S/R level near the log downtrend resistance. I would expect to see this Resistance tested as support before a continuation.
Comment:
6 Hour RSI nearing confirmation level for a bearish failure swing. Overall outlook on this trade remains unchanged
6 Hour RSI nearing confirmation level for a bearish failure swing. Overall outlook on this trade remains unchanged
Ill be looking towards these zone for a potential entry/retest of the log downtrend resistance as support.