Hello traders! Here we have BTC/USD. As you can see from TA we are fighting with the downtrend resistance line (dotted red line). (red dotted line) is showing a forming a descending wedge'ish pattern - I think, it's more likely, that we will follow this path down to around ~7,300USD levels (red dotted line) and then see a spike in price.
indicators are starting to gain momentum.
is near oversold mark.
is below average.