We saw BTC hit hourly RSI of 21 last night as we broke $8k psychological support.
The bounce that has followed has not been particularly strong, so we are looking for a lower high.
I am personally not entering anything without hourly RSI in the 20s or a 4 hour trend change with a higher low and higher high.
If we get the 4 hour trend change, our new daily support level will be established.
Patience is the name of the game for bulls this week, and short term opportunity is there for some flips.
I believe this weekend will give us a potential multiple day entry setups so keep tuning into the videos!
The bounce that has followed has not been particularly strong, so we are looking for a lower high.
I am personally not entering anything without hourly RSI in the 20s or a 4 hour trend change with a higher low and higher high.
If we get the 4 hour trend change, our new daily support level will be established.
Patience is the name of the game for bulls this week, and short term opportunity is there for some flips.
I believe this weekend will give us a potential multiple day entry setups so keep tuning into the videos!
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social