8845 is next target
after broke the downtrend at @8300 to 8600, btc retested at 7850 => next target will be 8845
Stoch RSI , RSI is quite low nearly on the oversold area so btc can decrease too much anymore.
But it can increase so quickly, maybe it will sideway in 7850 - 8250 area in 1-2 days first
Note
After breakdown 7800on chart 1H
hit the middle line of bollinger
- hidden divergence on RSI
bollinger band wants to go down => maybe it will go to < 7300
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.