Oversold on the RSI
Divergence on the momentum indicator
Break through support level on the daily time frame
all this indicates that the BIT/USD is in exhausted and it needs to retrace to a resistance level before it continues going downwards and finds a support level to either the daily time frame or the weekly time frame
Divergence on the momentum indicator
Break through support level on the daily time frame
all this indicates that the BIT/USD is in exhausted and it needs to retrace to a resistance level before it continues going downwards and finds a support level to either the daily time frame or the weekly time frame