Category: Tether (USDT)

Important Reversal Zone (Potentially)

We arrived at an important level of correction (BTC played at Fibo 38.2 level, ie retracted 61.8), theoretically would be a potentially reversal zone.
The pair has respected the MA20 and is currently below it, which puts us still in a downtrend.
The RSI is below 50 and the low trading volume indicates a premanence in this zone or a little lower.
We can consider …

This article was originally published on: The Tether Blog on