SOLBTC is currently testing Demand zone which was defended on Sep-09, earlier we generated massive gains from the same levels.If we fail to defend and bounce from the current demand zone we are highly likely to test lower levels whereas support levels are mentioned in the chart. lets see how it reacts.
Indicators: Rsi is over sold.
Price is below EMA-200.
Ichi cloud is also bearish.
Happy trading.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.