Hi Traders,
Thought it would come to some use for you guys if we done an update on BTC after the nice push up we have seen this last week. Currently looks like momentum has tailed off a little with the RSI now overbought. We can expect price to pull back down towards the 0.382 FIB 4HR where there is plenty of volume, however we may get a small overshoot to the 0.5 FIB and pivot point. It should also be noted that the pullback could be short lived and only reach the 0.236 FIB 4HR to then push up to the very top line of resistance at 61k. All in all things are still looking great! If the pullback occurs you can decide to take someprofits ou tof your tardes with the potential to enter those profits back into the trades at a lower price.
For FREE crypto signal click the LINK below!
Thanks
The Market Sniper Team
Thought it would come to some use for you guys if we done an update on BTC after the nice push up we have seen this last week. Currently looks like momentum has tailed off a little with the RSI now overbought. We can expect price to pull back down towards the 0.382 FIB 4HR where there is plenty of volume, however we may get a small overshoot to the 0.5 FIB and pivot point. It should also be noted that the pullback could be short lived and only reach the 0.236 FIB 4HR to then push up to the very top line of resistance at 61k. All in all things are still looking great! If the pullback occurs you can decide to take someprofits ou tof your tardes with the potential to enter those profits back into the trades at a lower price.
For FREE crypto signal click the LINK below!
Thanks
The Market Sniper Team
