BitcoinShort
BTCUSD 1HR - PULLBACK EXPECTED?
VERY ROUGH analysis on 1hr BTCUSD trends. Expecting a pullback near crossing of trendlines in the short-term. This idea is supported by downward trend in RSI and divergence in MACD.
*Note: Could also argue there's a hidden bullish divergence in the RSI (one of a handful of reasons for my emphasis on this being a rough idea. Will follow up with further analysis based on price action.
Let me know your thoughts below!
*Note: Could also argue there's a hidden bullish divergence in the RSI (one of a handful of reasons for my emphasis on this being a rough idea. Will follow up with further analysis based on price action.
Let me know your thoughts below!
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