Bitcoin || First Technical Analysis
Updated
Yesterday's candle is bearish engulfing candle. At some point #Bitcoin is trying to find support on SMA and wedge breakout line. A death cross + head and shoulders on the chart. A certain drop might happen.
Summary:
Support 1: 40.5k
Support 2: 37k
Resistance: 44k & 51.5k ish
RSI(14) 40.1394 BEARISH
Moving Averages exponential: Bearish
Summary:
Support 1: 40.5k
Support 2: 37k
Resistance: 44k & 51.5k ish
RSI(14) 40.1394 BEARISH
Moving Averages exponential: Bearish
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