Short

Updated

BTC Sarcastic RSI

An analysis with a pinch of sarcasm ;-)
Either way the 1 hour doesn't support much upside and this remains a bear flag so be careful out there

Note

youtube.com/watch?v=7-YwDo1smOg

Note

snapshot

Note

volume isn't supportive of going higher atm

snapshot

Note

As could be expected some FOMO of a possible inverse Head and Shoulders. Thats what happens when you mix alcohol and trading on a fridaynight ;) got it as far as the 0.5 fibonacci level which rejected it nicely.

snapshot

Trade closed manually

be mindful of upcoming resistance levels follow this idea

Elliotting through the cloud

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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.

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.