On the 4hr Mac d and histogram looking favorable plus rsi just gone above 50% mark, if it can stay above that then its got a good chance of making it to the yellow resistance over the next couple of days.
With btc in a bearish position, stop loss will be tight, maybe 1- 2%
With btc in a bearish position, stop loss will be tight, maybe 1- 2%
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target reached.
Take profit for now as there is quite a bit of rejection to the upside. still well above the 55 ema and rsi at a decent number so still plenty more room for it to rise furhter. Just need a few big green candles to get through the next resistance.
Take profit for now as there is quite a bit of rejection to the upside. still well above the 55 ema and rsi at a decent number so still plenty more room for it to rise furhter. Just need a few big green candles to get through the next resistance.