Trade with Hazel
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$BTC $ETH
-BTC, ETH are currently in a clear downtrend as indicated by the RSI (14) consistently being in the 35-38 range, and the 2 moving averages expanding suggest that RSI will head towards the 30 zone.
- The price is below the EMA line, reinforcing the downtrend.
With the current market structure, the 88-82k range will be the target for BTC, while ETH will target the 2k2-2k4 range, which is also the bottom of this dump.
Important note: This is only technical analysis and personal opinion, NOT investment advice. All trading decisions carry risks, and you should do your own research.
-DYOR-
#Trend #MarketBottom
{spot}(BTCUSDT)
-BTC, ETH are currently in a clear downtrend as indicated by the RSI (14) consistently being in the 35-38 range, and the 2 moving averages expanding suggest that RSI will head towards the 30 zone.
- The price is below the EMA line, reinforcing the downtrend.
With the current market structure, the 88-82k range will be the target for BTC, while ETH will target the 2k2-2k4 range, which is also the bottom of this dump.
Important note: This is only technical analysis and personal opinion, NOT investment advice. All trading decisions carry risks, and you should do your own research.
-DYOR-
#Trend #MarketBottom
{spot}(BTCUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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