BTC Long bias
- Weekly stochastic RSI bullish (bullish bias)
- Daily stochastic RSI (blue line crossed above orange line) indicating overbought conditions (80+ stochastic RSI) but with increased upward momentum. It is important to note that the Stochastic RSI can stay in overbought conditions for extended periods of time when the market is strongly bullish. (Even stronger bullish bias)
- Hourly stochastic RSI bullish (blue line crossed above orange). This may have changed by the time you view this video. Personally, I avoid trading the hourly chart unless I anticipate a discount to enter my position.
- Daily stochastic RSI (blue line crossed above orange line) indicating overbought conditions (80+ stochastic RSI) but with increased upward momentum. It is important to note that the Stochastic RSI can stay in overbought conditions for extended periods of time when the market is strongly bullish. (Even stronger bullish bias)
- Hourly stochastic RSI bullish (blue line crossed above orange). This may have changed by the time you view this video. Personally, I avoid trading the hourly chart unless I anticipate a discount to enter my position.
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