BTCUSDT - Support Testing

Updated
A characteristic of this market is its high volatility and today's correction is quite normal (and necessary) in this bullish scenario. Since the last crossing of MA10 over MA20 there were 35 days to see a sign of a stop on the rise. There is a pattern in today's decline as it occurred 18 days after this crossing. RSI at 64 still indicates strength in buy volumes.
Trade closed: stop reached
#BUYTHEDIP
Harmonic PatternsTechnical IndicatorsTrend Analysis

Related publications

Disclaimer