BTCUSDT IN RANGE
Updated
BTC broke down the trendline and made a retest and failed to close above . Range or sideways trading for the past 4 days with low volume and momentum and soon will break depending on which level support/resistance break first and RSI confluence .Usually price retrace back to VAH
Long : Breaking strong resistance @ 69649 + RSI above MA and 50. price must close above trendline
Short : Breaking strong support @ 65463 + RSI below MA and 50. price must close below blue trendline
Good LUck
Long : Breaking strong resistance @ 69649 + RSI above MA and 50. price must close above trendline
Short : Breaking strong support @ 65463 + RSI below MA and 50. price must close below blue trendline
Good LUck
Note
Possible trendline retestNote
Inside candle breakdownNote
RSI is still below 50 level for the past 4 days and the price still trading in a range withing the mother candle(April 13th) ,so far the price formed 3 inside bars and waiting for a breakout either way
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