Sitting on the toilet and brushing the chart, $BTC this move is kind of interesting. The moving averages are bullish in the short term, but Stoch RSI is showing bearish divergence, a classic bull trap signal. RSI at 62.7 is still in a healthy range, but price is making new highs while RSI isn’t keeping up, so be careful chasing this move.
Support to watch is 84932-85040, a convergence zone of Fib retracement and EMA25. If it holds, the bullish structure may continue; if it breaks below 84733, the current logic becomes invalid.
For chart observation and conditional scenario analysis only, not a trading record.
$BTC #牛市 #熊市 #行情分析
Support to watch is 84932-85040, a convergence zone of Fib retracement and EMA25. If it holds, the bullish structure may continue; if it breaks below 84733, the current logic becomes invalid.
For chart observation and conditional scenario analysis only, not a trading record.
$BTC #牛市 #熊市 #行情分析
