mcdaverage

There's hope for Bulls!

Long
INDEX:BTCUSD   Bitcoin
  • Bulls are attempting to break out off the descending RSI wedge.
  • PiCycle's 111MA is holding as support as of now.
  • A claim of the $44k zone as support can lead to further upside, testing overhead resistance at $52k.
  • A failure to breakout can lead to a completion of the descending triangle, to test lower support at the $38k zone.

Who will win in the end? Bulls vs Bears?

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