BTCUSD stochastic RSI shows possible imminent pullback.
BTC is making great gains and we're all happy, but stochastic RSI on the daily chart is showing over bought and a crossover that signifies an imminent pullback. I have a long term support line at $9259 and the 200 day MA at around $8200. I would imagine tomorrow will be a red day for everyone. A similar stoch rsi situation has happened several times and was the start of a massive sell off. One exception was on Nov 28, 2017. We had a pullback and then continuation of the bullish trend. However, with the Chinese New Year tomorrow, it's better to be safe than sorry.
HV
HV
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