BTC direction

23 Okt 2020

BTCUSDT
Hello everyone 😃
Bullish side 📈
-BB`s basis is acting like support
-Fundamentals
-broke heavy resistances

Bearish side 📉
-Bearish crossover on MACD
-stochastic rsi is bearish
-Helical indicator is bearish

I think after this impulsive movement we need some rest, our indicator shows some ranging area (13200$-12500$) !
Because of PayPal fundamental news we had heavy pumps , It means we might have another fundamentals about crypto currencies in midterm & longterm !
Most of indicators shows some correction ... if BTC again reject from 13200$ we should it will go to make some higher lows !
(we have a heavy order wall at 13200$ ,so we expect it will act like a resistance)

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades