XBT - Strong Bullish Run but watch for this resistance

13 thg 4, 2018

Fantastic Bull run the past couple of days with some great trade setups. There is significant resistance coming up in the $8300 range and with the RSI and Stoch both being super-hot I think we're likely to see a rejection and some cooling off before taking another run at this area and working our way up to the 9k area.
I'm Bullish in the short-term but looking for a short-entry somewhere soon. I'll switch back to a long as soon as the short loses momentum.