BTCUSD INDEX 3-Day chart the first key level resistance is $ 25.3k, was Bitcoin's first test. Our breakthrough candle was on March 17, we are trying to print our confirmation candle. We have not confirmed that we have passed our first test, still 2 days left for confirmation candle to close.
We have a bigger test and more important key level which is around $ 28.4k, this is very strong resistance, stronger then our previous test. Confirmation of $28.4k as a support will officially be start of a bull run.
We can also see a bearish divergence forming on RSI as BTC headed to the most important resistance level, indicates we might get rejected from this level and come back to conquer later some time eventually.
We have a bigger test and more important key level which is around $ 28.4k, this is very strong resistance, stronger then our previous test. Confirmation of $28.4k as a support will officially be start of a bull run.
We can also see a bearish divergence forming on RSI as BTC headed to the most important resistance level, indicates we might get rejected from this level and come back to conquer later some time eventually.