As i mentioned we retest ~10540$ support line, but.. that was pretty interesting, we printed one day candle with 2 weaks close to perfectly between lvl ~10540$ and ~12150$. (For me next price channel-white lines) , and the price will deal with it. Next move will propably test ~10.950 (22:35, im late? yeah im late) because RSI have downward position from overvalued zone (70), CHOP index confirming the energy to next move. Week time frame looks similliar high RSI +exhausting CHOP FROM (~48pts.) Next strong move can be to 10,540. If we hold it, im bulish to retest 12,150 - if not, retest 10,114 fibo or even 9,600$ (im trying to dont look at CME gap, because last from august 19' (4h) was closed one year later. Critical point for me is in area when 50 ma and purple line (from last highs). it could be agrressive bounce back, but all of this must be confirmed with others signals. If we pass and close daily chart under 10.540. Next price channel will be between 10.540 and ~9600, but if we still can print higher lows on lower time frame, more probability for movement up than down. Im not bewaring weaks, beacause im hodl.
it is not an advice, time to gather some history..), as some good trader told me, RSI is lagging indicator so its only an idea to refill each other
it is not an advice, time to gather some history..), as some good trader told me, RSI is lagging indicator so its only an idea to refill each other