$BTC : strong trend, but there's a caveat
WhyNot Trend Lab on the 4H chart: Trend Score +75, price $86 378. BTC is above EMA 200, and EMA 20 is above EMA 50 — buyers have the advantage.
At the same time, RSI at 79.2 indicates overbought conditions, and there is still no confirmation from volume or a breakout from the range.
I’m watching for the move to continue: can buyers back up the trend’s strength with volume?
#WhyNotResearch
WhyNot Trend Lab on the 4H chart: Trend Score +75, price $86 378. BTC is above EMA 200, and EMA 20 is above EMA 50 — buyers have the advantage.
At the same time, RSI at 79.2 indicates overbought conditions, and there is still no confirmation from volume or a breakout from the range.
I’m watching for the move to continue: can buyers back up the trend’s strength with volume?
#WhyNotResearch
