The Bitcoin price broke the 18600 $ support and started correction movement which is finished at 17600$ - 17700 $ At this price area is a good buy entry with stop loss and take profit as drawn in the chart.
On higher time frames (12 hours and more) a higher low is formed if the price don't close under 17300 $ today and this is a buy signal.
Indicators: MACD sell volume start to slow down and the baselines going to cross bullish RSI reached the heavy oversold area, expect buyers entering the market Stochastic RSI looks like bullish trend reversal is incoming as well
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