PRICE ACTION RSI is currently in lockstep with price action; which is a divergence to the BTC action. Outside of a few individual candles; the 4H volume have been relatively consistent since the upward breakout; however, when the OBV is reviewed; the volume appears to be selling out of the trade (market sell).
28D MA is about to cross above the 13W MA; however with the 1D RSI being overbought – it would appear similarly likely to create a rejection and a retrace back down.
OPEN INTERESTS (BITFINEX) Long: 2.84 Days Short: 0.36 Days