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Will reversal happen ...

BITSTAMP:BTCUSD   Bitcoin
BTC has risen slightly between 100MA and 200MA and should see if price remains above 5MA today. As today (November 5) is inflection, we should watch price fluctuation until tomorrow.

USDT's dominance is challenging 100MA.

TOTAL is about to move out of the downtrend line.

 TOTAL2 is trying to keep its price above 73.272B.

The BTC rose around October 25 and remains above the RSI's downward trend line.

In addition, if three StochRSI indicators are located in the overheat period, the MACD is located at zero or more points.
All indicators show a very good flow.

Accordingly, USDT's dominance is challenging 100MA below 1.70, and if the price breaks below 100MA, USDT's dominance will be good.

Even if TOTAL comes back into the downtrend line, it should be watched a little more as it depends on where the closing price of the daily candle ends.

TOTAL2 should be maintained above 73.272B.

If the four beats are correct, the coin market will surely turn upward.


If the BTC falls below 200MA, it is expected to touch the 20MA and 50MA points as the 1st decline.


(An inflection day is a day when price changes are severe or the flow can reverse or rebound.)





- Chart illustrating the entire flow -


[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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