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steazy
Sep 29, 2018 2:38 AM

BTCUSDT 1H - RSI reset with OBV Holding STRRONG Long

Bitcoin / TetherUSBinance

Description

BTCUSDT on 1 hour chart with OBV looking strong and BULLISH wiht the -2% dip. RSI on 30 might be resetting for uptrend. Might retest the upper range soon but not neglecting the fact that we still have the support range of 6500 and 6300.
What do you guys think? Let's discuss your ideas.
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~ Steazy - Signing Out!
Comments
Halley
Question: You're not invalidating everything by using 30m rsi w/4h obv? I'm just getting deeper into obv, so honest question... seems like you're cherry picking. Thanks brother... I'll learn something from you.
steazy
@Halley, I'm a little confused but you right, we can definitely learn from each other. I'm not cherry picking as the TA and indicators clearly signifies and uptrend but notwithstanding I'm dedicating my time on trading TA and indicators scalping profits on minor price changes and not with a long term view in mind. Check out my update to the chart to better understand my point of view. Maybe you looking at this in the long term view? Please share your thoughts. Thank you.
Like, Share and Follow for more TA if you want me to keep posting.
~ Steazy - Signing Out!
Halley
@steazy,
Thanks, I'm sure you're right. BTW cherry picking gets a bad rap, so if you were, and if TA allows it then all good. Your obv matched my obv on 4hr and your RSI was 30m. I was curious about using combined timeframes. After a decent nights rest, that idea is pretty silly. Ofcourse you use indicators of all relevant timeframes. My mistake. Ok, now I've followed, and I'm in the early stages of learning how to scalp. Thanks for your response. Keep updating please!
Halley
@steazy, And nice target! Nails.
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