We will see if price can break above the first minor 1hr resistance just above $7,200
Within the coming hours i believe we will know more about the longer term outlook for bitcoin depending on the EMA rejection or breakout.
We also have bearish 1hr RSI divergence forming running into 4hr resistance.
Price needs to break through 5 structure resistance levels.
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We also have bearish 1hr RSI divergence forming running into 4hr resistance. " mind explaining what that means? More upside or downside?
For me as of right now there is no trade opportunity.
if i'm writing fast, sometimes i mix german and english ... do not pay attention :-)