Time to go long (or close your shorts bois)

BTC epic decline from 6k to 3.5k

Sharp counter trend rally and final sell-off. So far failure to break previous low of ~3400

Rising trendline on the RSI (or my substitute, ADP by @cI8DH) with now 1,2,3,4,5 touches on the 4-hour chart of bull divergence.

BTCUSDSHORTS near all time high again and sentiment super bearish.

Order book is bullish in the 3.5k range.

= Time to close shorts bois!

Kommentera:

So I called it a little early, but this little bounce has some good room to move up!

BTC is not out of the woods, but I'm enjoying the green for a change :)