This pair suggested a breakout of the descending channel and introduced sellers into the market. We have now seen a structural shift and a re-entry into the channel, suggesting price is not ready to proceed to the downside. If we manage to remain above the structure marked, this could give us an opportunity to buy into the channel highs whilst fighting the retail...
Btc has seen many consecutive down days before today and is currently at rsi support just above oversold on the daily. Bears are exiting shorts as you can see here on BTCUSDSHORTS. Last three big drops we had, short positions spiked to relative highs, bears were getting greedy but entered shorts at the lows and now its happening again only problem this time is...
