Bitcoin pullback to channel- time for a correction?
We just pulled back to the channel bottom but will we see a bounce back up or is it time for a pullback? 4 hour RSI supports the latter. We also just brushed RSI resistance on the daily which was also rejected.
A pullback is a normal healthy phase if this is indeed a recovery.
My entry signal will be a resumption of positive momentum after the rebound.
In the meantime..
targets: 7910
7635
A pullback is a normal healthy phase if this is indeed a recovery.
My entry signal will be a resumption of positive momentum after the rebound.
In the meantime..
targets: 7910
7635