BTC SUPPORT LINES
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Shown in the chart the support lines for BTCUSDT. Divergence with the rsi continued to happen over and over.
The price reacts to RSI and Volume to get a good entry for a short-term trade.
For the long and med term trading, waiting for the price to get back above 100MA is a good idea, The 50MA should stay above 100MA to make sure the price going in a positive direction. (You can use smaller Moving Averages with the same concept if you want shorter trade)
The price reacts to RSI and Volume to get a good entry for a short-term trade.
For the long and med term trading, waiting for the price to get back above 100MA is a good idea, The 50MA should stay above 100MA to make sure the price going in a positive direction. (You can use smaller Moving Averages with the same concept if you want shorter trade)
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