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cowboycraig
Oct 21, 2021 1:54 AM

$62,100 is my BTC/USDT limit order for a retrace/bounce 

Bitcoin / TetherUSBinance

Description

Above 200ma (white) and at previous support.

The chard is very extended at this point as RSI and ADX/DI are getting stressed at the top.

The 45min chart is very powerful for immediate price action for BTC.

There is never a top or a bottom, as always this is a guess. But after this move up and looking at other time/candles like 4h and daily... BTC is cranking. Don't see a heavy retrace at this point ahead.

62,100 has nice support and some volume trading there. Have a slight limit order there to maybe pickup some easy sats.

Comment

64,000 also has possible support.
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