the larger timeframe trend is still declining and will continue to decline until it can stabilize above $ 40,000.
Our probable scenario given the divergence of the RSI is that if the price can re-establish itself above this range, it has the potential to move upwards. Otherwise, given the pressure from sellers, the second support is in the $ 37,000 range
In case of a fall, we can expect a return in the green or purple box
Our probable scenario given the divergence of the RSI is that if the price can re-establish itself above this range, it has the potential to move upwards. Otherwise, given the pressure from sellers, the second support is in the $ 37,000 range
In case of a fall, we can expect a return in the green or purple box