short $BTC here for a small 3% scalp. Declining volume and failed to break the previous resistance has me believing we'll retest 6000. Quick stop loss set though. Good R:R. Thinking blue resistance down to black support.
STRAT-BTC looks ready to rebound from here as long as BTC retains its strength. At a historically strong support level, and oversold on both the RSI and the Stoch. Expect those to rebound and the price to push toward 6000 satoshis. Also a nice hammer candlestick on June 16th gives me confidence the bulls are regaining strength in this area. Not rushing into a...
Entering a long trade on EVXBTC at 11200 satoshis. Stoch RSI and RSI both oversold and ready to leg up. Some long term divergence between price and RSI could also signal strength. Looking for volume to pick up and a strong quick move to 13800 satoshis. As always, need stability or strength in BTC for these alt trades to work.
*Not Financial Advice*
*DYOR*
Going long $NCASH / BTC here. First off, I really like the fundamentals of NCASH as it has a really cool product and team behind it. Hoping to average in around 220 sats. Hanging around previous low support with a very oversold RSI and Stoch RSI that need to rebound. This should bounce as long as $BTC stays strong and continues to rebound as well. Think 300 sats...
BTC seems relatively stable above 6k still as it has pushed the past few days above $6500. This means it is a great time to enter alts again. TRX looks like a strong short term buy. RSI and Stoch both at oversold levels and some solid divergence in price since the last low RSI on 3/18. Simply put, TRX is more oversold here at a higher price than it was in March....
