This is a weekly chart without wicks, only focusing on weekly close. as you can see BTC is sitting on cluster of supports and retesting the iH&S, the public sentiment is bearish and fear is al over the place.
RSI is retesting the broken downtrend as well, OBV is still high, and stochastics is reaching low levels and forming a hidden bullish divergence.
It is highly probable that we will bounce from here.
RSI is retesting the broken downtrend as well, OBV is still high, and stochastics is reaching low levels and forming a hidden bullish divergence.
It is highly probable that we will bounce from here.