Bitcoin is on a Bearish Megaphone, so far supported by the 4h MA200 and with the 4h MA50 as Resistance.
The pattern is targeting straight the 59350 Support and 1d MA50.
A 1d RSI again on the 30.00 oversold level would be a clear buy signal.
That can even be the Right Shoulder of an underlying Inverse Head and Shoulders pattern.
Buy and target the 73750 Resistance.
Follow, Like, Comment below!
The pattern is targeting straight the 59350 Support and 1d MA50.
A 1d RSI again on the 30.00 oversold level would be a clear buy signal.
That can even be the Right Shoulder of an underlying Inverse Head and Shoulders pattern.
Buy and target the 73750 Resistance.
Follow, Like, Comment below!