Another month has passed and a lot of things have happened. Time for another Crypto Fiesta! đ
Short-term view
Bitcoin is still looking like it wants to go up, but we have to acknowledge the inability of BTC to break through the 38.000$ resistance area.
Most likely is that the daily/weekly RSI wants to cool down a little bit before the next leg up. On the other hand, the bullish channel is still intact. As long as we're above the channel's support, no worries for the bulls.
đCRYPTO FIESTAđ
Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend!
Give this analysis a like if you enjoy the contentđ
Short-term view
Bitcoin is still looking like it wants to go up, but we have to acknowledge the inability of BTC to break through the 38.000$ resistance area.
Most likely is that the daily/weekly RSI wants to cool down a little bit before the next leg up. On the other hand, the bullish channel is still intact. As long as we're above the channel's support, no worries for the bulls.
đCRYPTO FIESTAđ
Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend!
Give this analysis a like if you enjoy the contentđ
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