After major correction
BTCUSD
seems to be moving slowly with small corrections. Based on the previous data we can see that price reversed from the 61.8% retracement and now its repeating the same pattern. RSI,momentum and MACD indicate downward pressure, As long as the price doesn't violate the trend line, it is still in a positive cycle and if it does then the possible reversal levels are between 13500-14200. If price breaks below this then the next support is at 11500 level.
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BTCUSD
seems to be moving slowly with small corrections. Based on the previous data we can see that price reversed from the 61.8% retracement and now its repeating the same pattern. RSI,momentum and MACD indicate downward pressure, As long as the price doesn't violate the trend line, it is still in a positive cycle and if it does then the possible reversal levels are between 13500-14200. If price breaks below this then the next support is at 11500 level. Follow me for more analysis
Likes and comments are welcomed
