Daily analysis (TA) :Bitcoin Forms A Falling Wedge Bullish sign! 🌛
BTC make a Downside with a falling wedge, The Important Support area is (44915$-43880$) If BTC Hit this Support area Completely it will be able to go down into(41375$-40490$) If BTC Still Hitting This Support it might lead the price to (38290$-37840$) Important Support Area.
BITCOIN Confirm the resistance area (43880$-44915$) and go to confirm the next resistance (45500$-46500$)if BTC Broke The next resistance area (49515$-50870$) it eill be able to scale into the next resistance areas after the falling wedge (51355$-52360$)--(54520$-55100$)--(57590$-58200$)
4Hour MACD – The MACD is in the bullish zone.
4Hourl RSI (Relative Strength Index) – The RSI for BTC/USD is below the 50 level.
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🎯BTC Trying to hit the resistance area (49515$-50870$) if Bitcoin Submit this resistance, her target is the next resistance area (51355$-52360$)🎯
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