BancDeCrypto

Long position. Target $4700

Long
POLONIEX:BTCUSDT   Bitcoin / Tether USD
The price is keeping Stochastic RSI in the oversold area for quite some time. It has even broken the boundaries of BB and KC price ranges, but the last closed 4-hour bar returned the price inside. All this signals of a soon downtrend reversal. I assume BTC will go back to a moderate growth and set the target at the regression level.

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