BTCUSDT Bitcoin has bounced off the 20-day EMA (
27,692) on April 9, suggesting buying at lower levels. The 20-day EMA gradually trending up and the RSI in positive territory favor the buyers.On the upside, the resistance level to watch is at
29,200. If the bulls manage to break above it, the BTC/USDT pair may rise to 
30,000, with the possibility of a further surge to 
32,200. However, if the price turns down from 29,200, it will indicate bear activity at higher levels. The sellers may try to sink the price below the 20-day EMA, and if successful, the pair could drop to 
25,250.Let me know what you think!
Follow me for more TA!
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.
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.