BTCUSD moving in uptrend channel. We touched resistance line of this channel and now probably decline in the range of 3830-3900 there is a support line upward channel. MA100 as well as two strong levels of fibonacci 50%, 61.8%. After that I expect growth in the range of 4200-4300
Confused RSI- oversold
Confused RSI- oversold
Trade active
Comment:
The Crypto Fear & Greed Index is now at 63, which is a strong indicator of people's mood in the market. Most people are now looking for growth to 4200-4400 and this is logical for technical analysis, but we are still in a bear market, so be careful. And use risk management
Trade closed: target reached
Comment:
Comment:
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