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Anyone else seeing this kinda bullish divergence on the 1-hour chart? RSI is making lower lows but the price is holding around 67k. Feels like we might get a nice bounce if it holds. I'm thinking of going full margin long if it breaks that little resistance zone near 67.3k. YOLOing it!
Hey @georgia9222, I see what you're saying about that bullish divergence on the 1H chart. RSI definitely looks like it's trying to find a floor while price is consolidating. However, I'm a bit hesitant to go all-in on margin just yet. The 200 SMA is still below the current price around 69k, and we've seen some choppy action around that 72k area before. I'd prefer to see a clear breakout above R1 at 73045 and maybe a retest of that level as support before even considering adding size. Chasing breakouts has burned me too many times. Let's see if it can hold above the Bollinger Bands first.
