PavelBodo

BTCUSDT 4H - need to test resistance

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BITMEX:XBT   Índice Bitcoin

Interesting buying area 9150 - 9050
Because we are near support.
We have oversold on rsi, which may indicate that locally we are waiting for a resistance retest in the zone 9450-9550.
Where we will see either consolidation and a hike higher, or the continuation of the fall at 8700.
Yes, a possible option is to leave the current down, but I think we can see some short squeeze)


This is just my opinion, and is not a call to action)
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