The Big bullish divergence by Bitcoin !

Updated
Hello, Traders!
Monfex is at your service and today we overview Bitcoin .

BTC in a small falling wedge near the local support zone and resistance line. Now we see bullish divergence by RSI and can expect some growth to the local resistance zone . Also the price met with MA50 at the support and rebound from it.
Will the price break the resistance line or bounce down? The coming hours will determine it.

  • Market Cap
    $166 515 463 726 USD
  • Volume (24h)
    $27 773 925 375 USD
  • Circulating Supply
    18 021 250 BTC


Share your thoughts, ideas about the market under the chart.

Watch for our Updates to be the first who gets well-timed signals !

GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Note
snapshot
Bitcoin (Cryptocurrency)blockchainBTCBTCUSDbtcusdlongbtcusdshortBTCUSDTChart PatternsCryptocurrencyTechnical IndicatorsTrend Analysis

Also on:

Related publications

Disclaimer