Category: Tether (USDT)

Long position. Target $4700

The price is keeping Stochastic RSI in the oversold area for quite some time. It has even broken the boundaries of BB and KC price ranges, but the last closed 4-hour bar returned the price inside. All this signals of a soon downtrend reversal. I assume BTC will go back to a moderate growth and set the target at the regression level.

This article was originally published on: The Tether Blog on