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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Sun Tzu who wrote (96147)10/30/2025 7:08:10 PM
From: Sun Tzu  Read Replies (1) of 96428
 
Not that I know zip about reading BTC charts, but now it is in position to bounce and keep it going for a while. So if it goes above 110, or maybe even sooner, it should have legs.

From: Sun Tzu2 Recommendations Read Replies (1) of 96406
See the middle indicator?
It's getting overbought even as BTC rests on its laurels ~108k.
Now it's not really overbought yet and the scale isn't linear. So there is a chance that BTC will jump high as it gets really overbought and goes up another 20 points or so. But the more likely situation is that it will lure people in only to get very overbought for a modest move and then drop.


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