Swizam

Overshot out of Range

Long
Swizam Updated   
BITMEX:XBTUSD.P   Bitcoin
Impressive dump that I didn't expect with such a velocity.
Feeling like an overshot out of range at the moment.
Short term, still thinking we'll head back towards middle of the range.
Having a look at Fear & Greed Index reinforces my biais.
alternative.me/image...-index-2020-4-13.png
Comment:
Still a bit of upside mouvement for SPX towards next weekly resistance.
So expecting BTC to keep following the plan towards range middle.
Comment:
With SPX still in a bullish mood, at least for now, expecting it to reach next weekly resistance soon.
So BTC still has some room to crawl up.
Comment:
That ascending triangle...

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