Uncle_Rich

The power of the bulls has not yet been shown

BINANCE:BTCUSDT   Bitcoin / TetherUS
15-minute Trend
MA5 is moving downward and has crossed MA10 and MA30;
MA10 is moving downward and has crossed MA30;
Bollinger Bands are opening and moving downward;
KDJ and RSI are both flat;

Day Trend
MA5 and MA10 are getting closer to each other;
Bollinger Bands are opening and moving downward;
MACD runs below the zero axis;

Market Data
The long-short ratio of BTC contract is 135:100, with longs taking advantage;
Fear & Greed Index is 29, indicating panic;
The outflows of the top ten addresses are slightly higher than the inflows;

Analysis
The power of the bulls has not yet been shown;
In the short term, it is recommended to buy long at low prices;
The resistance is near 51,200 USDT;
Radicals can sell short near 50,500 - 51,000 USDT.

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