BitcoinShort
BTC Resistance - Support
BTC don’t followed what I said on sunday, but the good news is that it went up!
Current support is located at 9000 $ and there is a resistance at 9375 $.
The MACD & RSI aren’t looking very great… You can see that the MACD is high and there is a M-pattern, that means that there will be a little pull back during the following hours.
RSI is also very high, it’s touching right now the « overbought » line.
In my opinion it’s a must for Bitcoin to break the 10 000 $ resistance.
When we will have broken that resistance, I think it will be the end of the dip.
Current support is located at 9000 $ and there is a resistance at 9375 $.
The MACD & RSI aren’t looking very great… You can see that the MACD is high and there is a M-pattern, that means that there will be a little pull back during the following hours.
RSI is also very high, it’s touching right now the « overbought » line.
In my opinion it’s a must for Bitcoin to break the 10 000 $ resistance.
When we will have broken that resistance, I think it will be the end of the dip.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.