BTC analytics Jun 15
Hey there!
"You have been warned" The long-awaited correction to 25,000 has officially happened! Our congratulations to those who followed our analysis and were able to make money on it!
The crypto market cap is 1016 billion and the dominance index is 47.5%.
Fear and Greed Index is 41 (Fear). The negative market sentiment is reminiscent of March 2020.
Usually, after such spills, the price goes into a prolonged sideways movement, or continues to move downward.
On targets below, we should note:
Exactly from that levels we can look for a bounce of the price.
On the targets above - the previous support zones now act as resistance. Upward movement options are marked on the chart . Oscillators are in the oversold area, so we can expect a small pullback to the resistance zones.
As always, we wish you all patience and good luck!
Always in touch,
Relictum Analytics
"You have been warned" The long-awaited correction to 25,000 has officially happened! Our congratulations to those who followed our analysis and were able to make money on it!
The crypto market cap is 1016 billion and the dominance index is 47.5%.
Fear and Greed Index is 41 (Fear). The negative market sentiment is reminiscent of March 2020.
Usually, after such spills, the price goes into a prolonged sideways movement, or continues to move downward.
On targets below, we should note:
- 23011-24056 - three-day imbalance area.
- 19593- 22347 - zone of interest (POI).
Exactly from that levels we can look for a bounce of the price.
On the targets above - the previous support zones now act as resistance. Upward movement options are marked on the chart . Oscillators are in the oversold area, so we can expect a small pullback to the resistance zones.
As always, we wish you all patience and good luck!
Always in touch,
Relictum Analytics
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