Analysis of prices for BTC
BTC / USD. The bears resumed their onslaught yesterday morning, continuing the decline in the BTC price. In the afternoon, the pair broke through the 23.6% Fibo level (30595.44 USD) and tested the psychological mark of 30,000.00 USD. The annual minimum, set in January 2021, has been updated to 28,600.00 USD.
Immediately after that, the price bounced above 32 thousand US dollars and remained in a narrow side corridor until the end of the day. Despite the fact that the volume of purchases decreased in the morning, the pair was able to break through 34000.00 USD and is trying to gain a foothold in the high zone.
On the daily time frame, the Stoch RSI indicator lines form a buy signal. It is hoped that the pair has bottomed out and the red down trend line has been able to reverse the retracement price.
️At the same time, there is still a small potential for a deeper decline of the indicator lines into the oversold zone. Therefore, it cannot be unequivocally stated that the down trend has already ended.
If you liked my idea, follow me for more.
Immediately after that, the price bounced above 32 thousand US dollars and remained in a narrow side corridor until the end of the day. Despite the fact that the volume of purchases decreased in the morning, the pair was able to break through 34000.00 USD and is trying to gain a foothold in the high zone.
On the daily time frame, the Stoch RSI indicator lines form a buy signal. It is hoped that the pair has bottomed out and the red down trend line has been able to reverse the retracement price.
️At the same time, there is still a small potential for a deeper decline of the indicator lines into the oversold zone. Therefore, it cannot be unequivocally stated that the down trend has already ended.
If you liked my idea, follow me for more.
💎 We believe that everyone can trade and deserves the opportunity to succeed in the world of cryptocurrency and take advantage of its potential.
🥇Join our free Telegram channel ➜ t.me/monocoin_public
👤Admin ➜ t.me/monocoin_admin
🥇Join our free Telegram channel ➜ t.me/monocoin_public
👤Admin ➜ t.me/monocoin_admin
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.