Tag: RSI overbought
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Bitcoin trades at $64,749 above all major MAs but RSI at 75.8 and a Stochastic bearish cross brewing suggest a high-probability range trade rather than a fresh breakout long.
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Bitcoin is printing RSI 77.5, Williams %R -11.2, and CCI 109 simultaneously at Keltner upper band resistance with 65.9% of accounts long — the short setup near $63,500-$63,700 targeting $62,800 is the primary trade today.