But watch the , he dived into the oversold area, but not signalizes a buy-signal at present.
If btccny could recapture the 5200 this could open the possibility for a Long with a nice Chance-risk-Ratio.TP1 could be the min correction fibo 38,2 @ 6420
But be careful! At present we have a classical falling knife Situation! There are NO buying signals yet
Trading below 5200 respective the illustrated EMAS would be bearish!