MACD looking strong, but oversold at the moment
Bitcoin denied a death cross earlier this week on the MACD, but RSI says we are oversold at the moment.
Usually BTC will go sideways when we break our upper Bollinger RSI band and provide more signals later on, hence my neutral status. Personally I am very bullish overall but we are in dicey territory. Betting on a drop to 7650-7850 before we have another leg up.
Thoughts? Also this is my first publication so please feel free to offer constructive criticism.
Usually BTC will go sideways when we break our upper Bollinger RSI band and provide more signals later on, hence my neutral status. Personally I am very bullish overall but we are in dicey territory. Betting on a drop to 7650-7850 before we have another leg up.
Thoughts? Also this is my first publication so please feel free to offer constructive criticism.
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