Hello folks, here's a quick update on BTC.
After some impressive gains in the last 48 hours, BTC has started showing some rejection from the $20.8k resistance. If this rejection turns out to be repeating the past then we may expect it to reach the lower support line ($19k). In between, we have the 21 MA that could act as a support for BTC. The RSI is acting according to the price action and so far it is going well.
That's it for now. I will see you on my next update.
Trade safely.
After some impressive gains in the last 48 hours, BTC has started showing some rejection from the $20.8k resistance. If this rejection turns out to be repeating the past then we may expect it to reach the lower support line ($19k). In between, we have the 21 MA that could act as a support for BTC. The RSI is acting according to the price action and so far it is going well.
That's it for now. I will see you on my next update.
Trade safely.
