$BTC
Technical Analysis:
1. General Trend:
The trend in the visible time frame (usually 1 hour or 4 hours) clearly appears to be downward, as:
The price is steadily moving downwards.
Consecutive red candles have formed.
There was a sharp decline to 107,320 before a slight rebound.
2. Technical Indicators Used:
SAR (Stop and Reverse Indicator):
Yellow dots above the candles, indicating the continuation of the downward trend.
The current SAR is at 108,602.53, above the current price.
Moving Averages MA (5 and 10):