BTCUSDT Quick Update Thursday OCT05 2023
Covered btc on the W down to the D.
Things to watch:
1)D-RSI to break the support trndline:
The Drsi is printing a trendline support, which basically supports the price from breaking the 25k range. Therefore, the Drsi support trendline needs to be taken out.
2)D-MACD to cross negative.
3)The 3D-MACD to cross negative
Price is still at resistance 27.6-28.0k range
Short-medium term support remains 0.5-0.618 at 22-20k
SL remains 30.3K
Covered btc on the W down to the D.
Things to watch:
1)D-RSI to break the support trndline:
The Drsi is printing a trendline support, which basically supports the price from breaking the 25k range. Therefore, the Drsi support trendline needs to be taken out.
2)D-MACD to cross negative.
3)The 3D-MACD to cross negative
Price is still at resistance 27.6-28.0k range
Short-medium term support remains 0.5-0.618 at 22-20k
SL remains 30.3K
