Orriginal

Bitcoin 1 hour REFERENCE USDT

BITSTAMP:BTCUSD   Bitcoin
PA dropped below its support but has hung on to it ever since but by midnight tonight ( Friday) it has to make a choice
To break over that line of resistance and try higher again or maybe take a step down and try again later.
RSI is overbought & 1 hour StochRSI is Overbought so likely to drop, though can range.
MACD is in better shape on a 1 hour
DXY can try and push on a friday and if it does, Crypto will Drop
Caution this weekend maybe a sensible option

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.