LIVE#BTC/USDT - 1D
BTC is once again exiting the supply zone. Before Days it is in a narrow consolidation phase, followed by an impulsive movement. Now It Breakdown. The break of the 200 MA indicates a bullish trend. The RSI shows bearish divergence.
A correction may be required to test the support line of the ascending trend, while a confident breakout of the supply zone will convincingly confirm the upward trend.
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Disclaimer
This post is for educational purposes and I’m Not Your financial adviser. Also, It's Not A Financial Advise. Please always do your own research and Analysis before Investing in any cryptocurrency or Given Analysis.
