BTCUSD - Weekly - overbought? overextended?

מעודכן
Not a financial advisor.

Currently on the weekly BTCUSD is above RSI 70.
In the past whenever this value was reached and measuring extensions from the MA20 Weekly, above certain levels, one would expect a retracement.
It is those times when keeping closer look on the market and updating stop losses is important.
הערה
Throwback? or retest?
IMO => retesting lower very possible

תמונת-בזק
הערה
Not looking pretty for BTCUSD...

תמונת-בזק
הערה
Time to update your stop loss / check your trailing stop.

תמונת-בזק
Beyond Technical AnalysisTechnical Indicators

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