Bitcoin – RSI & MA Oversold πŸ“‰ for BINANCE: BTCUSDT By CryptoCheck – Technische Analyze – 2022-10-24 04:47:53

Hello traders, investors and speculators πŸ“ˆπŸ“‰

ive here. Cryptocurrency has been in circulation since 2017 and later it went into stocks. I have 3 board exams in financial markets and I studied economics from undergraduate university for 1 year. Day job – math teacher. πŸ‘©πŸ«

price Bitcoin It has been trading sideways in a narrow range for a few weeks now. Bulls and bears defend their areas with the same force and this forces the price to stay in a narrow high range the sound . From RSI We can see that the market is oversold i Weekly time frame . By looking at the moving averages we can also see that BTCUSDT It was below the 200d MA for the longest time period recorded on Binance. This increases the odds of moving upwards. The most sensible target is the extension of the violet 200-day moving average, estimated around $22,000-$23,000.

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