BTC rounding bottom, All we need is to wait for a breakout

15 Mar 2022

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BTC /USDT ANALYSIS

BTC is making this rounding bottom pattern or we have these two blue lines as support.

EMA'S are acting as a resistance. MACD crossover is showing bearish momentum. RSI is in the oversold region. We can expect further downtrend in the market, if it retested successfully.

Let's see how the market reacts in few hours.

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