BITCOIN Is Bearish! Sell!

20 ביולי

Please, check our technical outlook for BITCOIN.

Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is trading around a solid horizontal structure 66,616.

The above observations make me that the market will inevitably achieve 62,879 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

22 ביולי

הערה

Great beginning for a trade, let’s hope it goes further!