Buying (Buy)
Taking advantage of a speculative rebound due to severe selling pressure on the RSI and bouncing off the marked low (59,130.91).
Entering against the overall bearish trend, and this rebound might just be a temporary correction before continuing the descent.
Waiting or Selling (Sell/Wait)
The overall trend is bearish, and the price is below the 200-day and 50-day moving averages, indicating that the downtrend is strong.
$BTC
Taking advantage of a speculative rebound due to severe selling pressure on the RSI and bouncing off the marked low (59,130.91).
Entering against the overall bearish trend, and this rebound might just be a temporary correction before continuing the descent.
Waiting or Selling (Sell/Wait)
The overall trend is bearish, and the price is below the 200-day and 50-day moving averages, indicating that the downtrend is strong.
$BTC