Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Small profits taken at $18K. I'm now short-term bearish on the 4hr, looking for some tasty dip on the Daily chart, waiting for the Weekly RSI to not be so oversold...
Based on the 4hr MA Ribbon, the parabolic structure has been broken. While there is support below, it forces me to call the local top at $19.5K for now:
The trend is your friend, until it becomes your enemy 