📉 $BTC · 1H
$BTC trades at $75,912, still on the weak side of its hourly averages. The $75,605 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. There is only 0.4% between price and support. The 20 crossed below the 50 recently, for only 5 candles, so this leg is still young. RSI at 22 is deep in oversold territory. Over the past day it has traded between $75,605 and $79,600, sitting near the bottom of it now. Turnover is unremarkable, running 1.3x the recent average. Down 3.3% over 24 hours.
⚠️ DYOR
$BTC #Trading
$BTC trades at $75,912, still on the weak side of its hourly averages. The $75,605 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. There is only 0.4% between price and support. The 20 crossed below the 50 recently, for only 5 candles, so this leg is still young. RSI at 22 is deep in oversold territory. Over the past day it has traded between $75,605 and $79,600, sitting near the bottom of it now. Turnover is unremarkable, running 1.3x the recent average. Down 3.3% over 24 hours.
⚠️ DYOR
$BTC #Trading
