BancDeCrypto

Long position. Target $4480

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Stochastic RSI has been staying in the oversold area for an unusually long time. The price is close to the bottom Bollinger Bands border. Against that, the price has tested the support level several times, but failed to pass it. The order book is skewed towards buy orders. Expecting a growth. The nearest target is at the resistance level of $4480.
Looks like it punched through support pretty hard
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