BTC
Looking at the weekly view is a bit tense, guys.
The price has surpassed the 7-day moving average, indicating an upward trend.
Currently, RSI shows a neutral to upward market with RSI > 60
- WM %R (14): (-8) overbought area dangerous (-20) is already overbought.
Danger:
The price is far from: 7-day moving average on the weekly (106,235-106,300), plus the bands are flat and slightly wanting to tilt downwards. At any moment, it can spike and retrace.
Dif and DEA have narrowed quite closely, RSI shows a bearish divergence on the weekly.
Be careful of pump and dump.