Are we going to see buying pressure in the coming days in crypto?

The Crypto has been in corrective mode from all time high, many of them corrected and retracted to near their lows. Bitcoin cash was trading near 1496 and now it is trading near 372, the crypto has seen approximately a correction of 75% from its all time high.

At the Bottom the pair has been forming the base, for upside move the pair has to close above 392, a retracement or consolidation can be expected in the pair as RSI is in the overbought zone. For a good upside move the pair has to close above the mentioned level and RSI shouldn't trade in the overbought territory.

Advice : Buy the pair only if the above condition is fulfilled.

Bitcoin Cash

Mar 29 2022