Bitcoin Daily Chart Analysis

18 Oca 2020

Let us look at what chart is throwing at us.

We can see a Hidden bearish divergence in daily chart of Price and RSI of XBTUSD .
While price has made a lower high, RSI has made a higher high.

Also, we can see that 8800-9000$ is acting as a very strong resistance zone and is acting as a historical S/R line.

If BTCUSD.P corrects from here, next area to look out as support will be 8500$ and 8000$-8200$

Happy Trading !

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19 Oca 2020

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