RSI we have fallen back within the sym traingle which is typical of a conitunation patten. Which still suggest bullish, as this is how we entered it to start.
Candles are also riding the bottom of the boolenger band aswell as riding the previous dip VWAP. With RSI almost at where it was on the previous dip suggesting it is oversold.
DXY is doing crazy things right now, with america on a printing spree the FED are carefully juggling their economy on match sticks either it falls or we go hard into defaltion perois. DXY doing well is bad for BTC.
waiting for cofirmation of a trend breakout on the RSI as it is a leading indicator.
Could be in a Wycoff distuction pattern with further downside, BTC looks to be creating a new floor - only time will tell.
Candles are also riding the bottom of the boolenger band aswell as riding the previous dip VWAP. With RSI almost at where it was on the previous dip suggesting it is oversold.
DXY is doing crazy things right now, with america on a printing spree the FED are carefully juggling their economy on match sticks either it falls or we go hard into defaltion perois. DXY doing well is bad for BTC.
waiting for cofirmation of a trend breakout on the RSI as it is a leading indicator.
Could be in a Wycoff distuction pattern with further downside, BTC looks to be creating a new floor - only time will tell.