$BTC Currently, it is being pushed quite hard, lately the technical analysis is quite difficult due to the tendency to block the train! However, currently many people are asking and getting short too much, so I also try here.
As mentioned since this morning - RSI is currently in the overbought zone - but there is still room, there will be 2 scenarios tonight and tomorrow morning!
1: Sw and release RSI - the price moves sideways and decreases to the range of 115.5 - 116.0
2: Increase to the range of 121.000 => RSI goes back up to 9x => out of room => sw back to the range of 116.4
This is based on Fibonacci retracement - RSI and trendline to evaluate, please refer!
Note the levels: 121.0 - 116.4 - 115.5 and the current price level
****Since this morning there has been a power outage so I couldn't sit at the computer to send this early to you all.
As mentioned since this morning - RSI is currently in the overbought zone - but there is still room, there will be 2 scenarios tonight and tomorrow morning!
1: Sw and release RSI - the price moves sideways and decreases to the range of 115.5 - 116.0
2: Increase to the range of 121.000 => RSI goes back up to 9x => out of room => sw back to the range of 116.4
This is based on Fibonacci retracement - RSI and trendline to evaluate, please refer!
Note the levels: 121.0 - 116.4 - 115.5 and the current price level
****Since this morning there has been a power outage so I couldn't sit at the computer to send this early to you all.
