The price is decreasing within a downtrend, as evidenced by the downward Ichimoku cloud on H4.
Besides, the RSI on H4 is near the oversold zone, which indicates a possible start upward price correction.
On H1, the price is near to the local support level at 10300, and the RSI also declined to the oversold zone, signaling the imminent completion of the downward movement.
In general, we should expect the price to break out of the support at 9900 soon.
Locally, we recommend selling BTCUSD from 10650-10750 on price corrections upward.
Besides, the RSI on H4 is near the oversold zone, which indicates a possible start upward price correction.
On H1, the price is near to the local support level at 10300, and the RSI also declined to the oversold zone, signaling the imminent completion of the downward movement.
In general, we should expect the price to break out of the support at 9900 soon.
Locally, we recommend selling BTCUSD from 10650-10750 on price corrections upward.
