DVY420

BTC-USD Falling wedge and the 6k support.. again!

BITFINEX:BTCUSD   Bitcoin
Bullish divergence on the daily BTC and the MACD is trying to become bullish. Overall volume very low and a bearish pennant on the hourly.

Strong support within the 5500-5600 area mid-term. Support line @5500 + bottom of the falling wedge.

Good luck trading!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.