List of Flash News about crypto volume analysis
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2025-10-15 12:12 |
Bitcoin (BTC) Tests Legendary Support: 5 High-Conviction Confirmation Signals for Traders Now
According to @rovercrc, Bitcoin (BTC) is testing a long-term support area highlighted in an Oct 15, 2025 X post, described as a legendary support zone, source: @rovercrc on X https://twitter.com/rovercrc/status/1978433674925490619. Traders typically seek confirmation via a rebound accompanied by rising volume at support to validate buy-side demand, source: Investopedia - Support and Resistance; Investopedia - Volume. Additional confirmation often includes bullish RSI divergence at the level and a reclaim or hold of the 50-day or 200-day moving averages, source: Investopedia - Relative Strength Index (RSI); Investopedia - Moving Average. Invalidation is commonly defined as a daily close or decisive breakdown below support with stop-loss orders set just beyond the level, as breakdowns can accelerate selling when stops are triggered, source: Investopedia - Support and Resistance; Investopedia - Stop-Loss Orders. |