Diillon

BTC-USD , 1D , Retest then another leg up?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Here we see BTC testing the 25 SMA as support on the 1D chart, as well as the top of the descending bullish channel.
It will be interesting to see if this level will hold hold as support.

Take Note:

We see here the the MACD is curling over about to cross
The RSI has bounced off the 50 - 52 level as a resistance and is trading around 44
(both of these points are bearish)

Comment your views/opinions as well as charts in the comments below
Feragatname

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