Daily analysis (TA) :Bitcoin Fail To Accomplish The Rising Wedge And Go Down!! 🔴

in hive-108451 •  4 years ago  (edited)

Daily analysis (TA) :Bitcoin Fail To Accomplish The Rising Wedge And Go Down!!

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BTC Fail To Accomplish The Rising Wedge and make a Downside with hittingthe Support area (49015$-48535$) and Bounce on the second Support area (46510$-45500$)
If BTC submit this resistance area (50220$-49515$) it will be able to scale into(52365$-51355$)--(54520$-55100$) Resistance Areas.
If BTC hit the support level (46510$-45500$) might lead the price towards (44915$-43880$) Very important support level.

4Hour MACD – The MACD is in the bullishh zone.

4Hourl RSI (Relative Strength Index) – The RSI for BTC/USD is Below The 30 level.

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