BTC Fake BreakOUT and Price Prediction
As it is known from the upper band of the channel we are in, the 200-week simple moving average and even a solid horizontal resistance area , we were rejected with the contribution of the deathcross realization and the negative discrepancy in the relative strength index and price correlation on the daily timeframe .
The predicted decline and reaction rise areas do not seem to be very pending.
As I expected, the main decision area seems to be around $18,500.
Feel free to comment, knowledge multiplies by sharing.
The predicted decline and reaction rise areas do not seem to be very pending.
As I expected, the main decision area seems to be around $18,500.
Feel free to comment, knowledge multiplies by sharing.
The short position is closed.