The situation of the stochastic relative strength index is clear, BTC seems to have drawn an obvious ABCD setup as a formation and moreover, an overt bear flag. If we take into account the existence of volatility and fear, a negative trigger can bring very heavy sales.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.