derzzycharts

BTC and the DXY - Update

Long
Here we have the failure to break the RSI support. So we can say that is bearish for BTC in the short term. We will likely see a retest of the downward sloping resistance line. If we break this, we will see new lows in the price of BTC. If we find support here, we will have made a higher low and will look to break the RSI support line again.

Happy Trading!
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