White lines are daily channel
Yellow line is split channel
Green line was channel top which it hit today
Red lines are targets in case of a pull
1st Target redline is the gap at 52.73, gaps act as support
2nd target is 43 ish which would be around split channel support.
I don't expect a trip back to channel bottom unless bitcoin falls back under 40k.
RSI overbought
MFI overbought
Technically it should pullback but if bitcoin keeps going this could just ride the top of the channel and not pull back
Yellow line is split channel
Green line was channel top which it hit today
Red lines are targets in case of a pull
1st Target redline is the gap at 52.73, gaps act as support
2nd target is 43 ish which would be around split channel support.
I don't expect a trip back to channel bottom unless bitcoin falls back under 40k.
RSI overbought
MFI overbought
Technically it should pullback but if bitcoin keeps going this could just ride the top of the channel and not pull back
