Can see price consolidation within the current channel of Dynamic and 200EMA as is now at lowest level since $6000 although becoming reactive at any chance of trend reversal, good sign, showing trader's hunting for a bottom. It seems likely will continue to be a issue during future resistance levels, as they say "volume goes with the trend" so without we are going nowhere.
.......how do you get without , still researching this question.
- holding steady around 40, definitely can be seen as undersold with room to rise but without it may have to retrace slightly downward under 30 or align with another indicator for this to be beneficial.
StochRSI - , oversold and heading downwards, will add pressure to increase time span before ( ) commences.
- , waiting for lead up with entanglement on the cross-over.
The end of the (12345) price dip could lead to a increase of , if this happens, it could result in an initial dip making undersold a viable trade.
What would make the Correction Wave ( ) attractive is if BTC price rebounds back into the Green upward channel (created from current price stagnation and current ) & above the Dynamic (which would become support) This would likely see slight trend correction which will again face resistance at 0.786 Fibonacci & then 200EMA (B & C).
Being that BTC is currently holding the 0.50 Fibonacci level which is converging with Dynamic, sideways movement from this point may break down the future ( )
Side Note: With so low and at record Contracts (Open Interest is low, but this could be seen as reason why price has lost .