Investopolaris

Investopolaris

BTC has been below the upward sloping Trend (started in October of 2020) for the 3rd day suggesting that more downward pressure is still in the horizon. $40.5 support area is still holding which is also seen as the Head And Shoulder nick-line, however with price consolidation for the last 3 days, price will most likely break the support area to the down side...

Investopolaris

BTC has been in consolidation for the last three days, after BTC reached all time high on Wednesday and hit the $8,375 (The upper trend line, the BTC has been within since Mid-September). RSI is moving in a downtrend channel and has been in touch with the upper trend line for the last three days too. If current consolidation does not result a strong move to the...