john005

Bitcoin touched the daily exponential ribbon support at 32,500

Lång
john005 Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin touched the daily exponential ribbon support at 32,000, this ribbon supported the price action since the move began so it should be an important support along with the pitchfork at 34,000 support, it broke the pitchfork back in March 2020 but came back strong and started this big move so the break of the pitchfork can be a false breakout.
Handel aktiv:
RSI is still showing a big positive divergence so we are near the turning point
Handel aktiv:
also near the 1.618 support at 31,800
Kommentera:
positive divergence forming on the hourly at the test of 31,800 at 1,618 Fibonacci support
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