Some devergence may cause a short term upwards momvement for BTCUSD.
After a while of downtrend we´re now going up again. On the hourly timeframe RSI is in the bottom range and the Hammer candle is indicating a reversal.
Looks like its time to go short and changing direction?
First a small trade. If it continuous, we will give it another trade to the downside.
High RSI for a period of time on the hourly chart. Have been pushing high for a long lime. Also looking at the inverted hammer/shooting star,
Inputs: Candle reversal pattern, Follow Fib retracement RSI bounce of 50 level. Safe trade by taking profit beneth fib. level