BTCUSDT 1-hour chart March 28 18:11 Range-bound market
The standard deviation range and the ADX are falling,
indicating that price movement is small and there is no clear direction.
Being within the 1-sigma band of the BB indicates that price movement is average
and steady.
The BB 2-sigma is squeezing,
indicating that volatility is decreasing.
200 on the 1-hour chart (EMA) is declining and below the current price,
suggesting a medium-term downtrend.
RSI: Stage 6: Entry into a rising market,
indicating that a shift from oversold to overbought could occur.
Cycle: Stage 6: Entry into a rising market,
suggesting the possibility of entering a long-term uptrend.
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