BTC is currently doing a consolidation, ranging from 64k and 59k which is in the 0. 786fib.
04 Nov 2021, 08:01
BTC is currently doing a consolidation, ranging from 64k and 59k which is in the 0.786fib. Back tested and it seems to be respecting the overbought and oversold regions from the Stoch RSI on the 4H TF. Short term, we can scalp for both short and long as long as we are in these regions, but wait for entry trigger as confluence.