BTCUSD exited the overbought area according to RSI
General outlook
BTCUSD has been under buying pressure within the last couple of hours. The RSI indicator exited the overbought area of 70.
Analysts recommend opening a Sell order with a stop loss above the previous high.
Indicator overview
The Relative Strength Index (RSI) indicator identifies potential price reversal points when it exits the overbought or the oversold areas. We use the most popular period—14 for Space posts.
Disclaimers
The upcoming news will not influence your orders within the mentioned period.
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BTC
68,483.04
-1.94%