BTC /USD Daily neutral with a bearish bias. Recommended ratio: 40% BTC , 60% cash. Price is currently testing the uptrend line from March 2017 as support at $28.5k ( doji candle) and is still technically testing $30k support. Volume remains very high and is on track to favor sellers for a second consecutive session. Parabolic SAR flips bullish at $33.6k. RSI remains oversold and is currently trending down at 24.6 as it tests 25.60 support for the second time since 05/09/22. Stochastic remains bearish and is on the verge of reverting to a bearish crossover at 6.15; the next resistance is at 29.70. MACD remains bearish and is currently trending down at -2923 as it is still technically testing -2497 minor support; the next support is the ATL at -5089. ADX is currently trending up at 38 as Price continues to fall, this is bearish . If Price is able to defend support here at the uptrend line from March 2017 ($28.5k) and reclaim support at $30507, then the next likely target is a test of $36258 minor resistance. However, if Price breaks down here, the next likely target is a test of $24180 minor support and potentially lower to $19417 major support. Mental Stop Loss: (two consecutive closes above) $30507.