Congrats to bulls who took profits and shorts who played the volume climax at the top.
Volume climaxes and flush/ pushes mark the tops and bottoms often.
Now there is a 15 min oversold RSI and hourly low RSI bull flip approaching this morning.
Currently a double bottom holding but if it break the $9k support flush will be a potential entry level to begin scaling in.
I personally will be looking for just a $100 BTC move for a flip, no greed knowing we are now in consolidation mode.
More patient bulls can wait for signs on the 4 hour to indicate we are done consolidating, but I expect a few days at least, and this is probably 60% chance as our lower high on the weekly equilibrium.
Volume climaxes and flush/ pushes mark the tops and bottoms often.
Now there is a 15 min oversold RSI and hourly low RSI bull flip approaching this morning.
Currently a double bottom holding but if it break the $9k support flush will be a potential entry level to begin scaling in.
I personally will be looking for just a $100 BTC move for a flip, no greed knowing we are now in consolidation mode.
More patient bulls can wait for signs on the 4 hour to indicate we are done consolidating, but I expect a few days at least, and this is probably 60% chance as our lower high on the weekly equilibrium.
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