Interesting little situation here. XBT is trading in a bull flag. This correction is healthy, if we hold support, of course. Currently XBT is sitting above the daily support of 3568, as well as above the 200ema at 3563. If we break those, I expect to test 3480 zone which would be the retest of the broken resistance, now as support. I think today is a good time to scan some oversold coins and play them for quick bounces on binance.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.