Bitcoin Is Trying To Recover
#trading_idea 💡#Bitcoin
💸#Bitcoin - Is Trying to Recover
On the 4H chart, the price is testing the key level of 59589. The MA(50) has been providing solid support since August 11th. RSI has formed a bullish divergence with the price chart and is currently attempting to break through the 50 level.
🔼If the price break the 59589 the further rise to 61295 resistance is possible.
🔽Otherwise, a testing of the support at 57619 is likely.
😎 Hit "👍" if you think the price will rise and "👎" if you foresee it dropping.
💸#Bitcoin - Is Trying to Recover
On the 4H chart, the price is testing the key level of 59589. The MA(50) has been providing solid support since August 11th. RSI has formed a bullish divergence with the price chart and is currently attempting to break through the 50 level.
🔼If the price break the 59589 the further rise to 61295 resistance is possible.
🔽Otherwise, a testing of the support at 57619 is likely.
😎 Hit "👍" if you think the price will rise and "👎" if you foresee it dropping.
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