After two days of climbing more than 30% it's time for STRBTC to pull back. Fibonacci gives us an idea of possible reversal targets.
We still have no divergence on the RSI on this timeframe. MACD's bearish crossing confirmes it.
Reversal Targets:
TP1: ~420 Sat
TP2: ~380 Sat
We still have no divergence on the RSI on this timeframe. MACD's bearish crossing confirmes it.
Reversal Targets:
TP1: ~420 Sat
TP2: ~380 Sat
Trade active:
TP1 reached.
RSI does not show divergence yet. Nor does MACD, Momentum is still negative.
Leaving trade active and waiting for final target below 400 Sat
RSI does not show divergence yet. Nor does MACD, Momentum is still negative.
Leaving trade active and waiting for final target below 400 Sat
Comment:
Trade closed: target reached