XBTUSD below sma200 on 1h, we have good volume in the zone marked by red round, but now there no volume.
The indicator is not in an extreme position, but I think we will see down continuation with prices lower than wicks that are marked by rectangles.
it is a test trade that uses RSI + MFI
idea: btcusd was rejected on bearish retest on February 19 and now it is near strong support level (9500), RSI and MFI shows HL.
if bulls hold 9500 level it may be a new bullish trend start