BTC dropped from $8600 (May 21st) down to$7421 (May 23rd). Was it dump and pump? Carefully watch if whales are going to pump the market again. Estimated range 6.5k ~ 7.8k
NOTES:
Theory:
Technical analysis employs models and trading rules based on price and volume transformations, such as the relative strength index, moving averages, regressions, inter-market and intra-market price correlations, business cycles, stock market cycles or, classically, through recognition of chart patterns.
In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.
https://en.wikipedia.org/wiki/Technical_analysis
