BTC/USD
Today we are analyzing BTC, let's Analyze & see what the charts are interpreting to us...
on February 24th, 2020, a chart was posted on seeing hope far BTC would retrace, this retrace lead down to 8500$ on most exchanges, this caused BTC dominance to increase therefore most Alts Retraced all of the profits it had in the last 2 weeks
Daily Chart (D)
Looking at the daily chart, the 200 MA has defended the price from further drawdown. The daily chart has shown us a potential of bounce however, we must wait for further confirmation in it. More detail analysis soon
-MAC D Curling up with Histogram
-RSI severely oversold
- last 12 hours we have had nice momentum
on February 24th, 2020, a chart was posted on seeing hope far BTC would retrace, this retrace lead down to 8500$ on most exchanges, this caused BTC dominance to increase therefore most Alts Retraced all of the profits it had in the last 2 weeks
Daily Chart (D)
Looking at the daily chart, the 200 MA has defended the price from further drawdown. The daily chart has shown us a potential of bounce however, we must wait for further confirmation in it. More detail analysis soon
-MAC D Curling up with Histogram
-RSI severely oversold
- last 12 hours we have had nice momentum
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