BTC Retesting the breakout trendline

٦ أكتوبر ٢٠٢١

Bitcoin broke its current downtrend line last day and now its retesting the trendline to take the support. An entry can be considered here with a very small stoploss. The concerning factor is the RSI is rejecting from the trendline and haven't given a breakout. This analysis will be only valid until the price is above the given trendline.