germanlarez

BTC/USDT support & Resistance

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Once broken our first resistance (green line) around $6700 it is probably going to our second resistance around $6100, although the price is holding currently on $6400 and looking at the RSI oversold the worst case scenario we can see BTC coming down to a $5800 again where it was on 12 Nov 2017 and 29 Jun 2018 when it started to climb.

PS. I know this lacks of other important indicator to be a more precise analysis but it's for educational purposes :)

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