POLONIEX:BTCUSDT   Bitcoin / Tether USD
50 & 100 SMA is where the december downtrend is exactly, very strong support which i doubt will break it. The 20 SMA is the purple looks like this spike where this spike stopped at. Now its forming small channel going up but its still in the big channel going down. The RSI and MFI showing overbought on the 4hour chart all the way to small timeframes. I find the SMA is acting as the strongest support and resistance right now
Disclaimer

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.