YFIUSDT Hello everyone AS we can see : -MACD is being bearish -EMAs are acting resistance now -BB`s basis is acting like support and control movement -Heavy resistance zone -bearish crossover on Stochastic -Helical indicator is still bullish
Most of the indicators are bearish, But I think we can have a bounce after restesting the support line at 15800$ (if BTC could hold its price ). BB`s basis is holding the price , MACD is bearish but still doesn`t have a bearish crossover. Also Helical indicator is indicating an entry zone ! So if price takes hold above the support line its safe to take long position ! If it breaks the support line we will see more bottoms :)
Attention : this is not a financial advise we just try to help people on their own vision.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.