Btctrader888

Bitcoin Daily 23.10

BITMEX:XBTUSD.P   Bitcoin
Hello, Lemon Insiders team keeps in touch and we have a new daily analytics!

In the last idea, we said that the likelihood of a rollback is very high, which is what happened. We took the profits from this movement and already stop in the breakeven. At the moment, a descending channel has formed, which, judging by everything, will break up.

StochRSI 4H tells of the readiness to go up, while 1H wants another correction down. This correction just fits into a possible reversal of 4H and 1H.

Volumes are still on the seller’s side, but this point is controversial, since we are moving 100 points in flat. MACD says again about the weakness of bears, but also tells the seller dominates, though not much. The movement has slowed down and it is very probably that we will sink even lower, from where growth can begin.

See the big volumes would be good so that you can confirm a confident break through of the descending local channel.

Thank you for your attention, have a nice day!
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