#BTC/USD Quick Update
📊 4H-Frame 📉 S & R 📈 Chart Update
#Bitcoin closed a weekly candle above the weekly MA 200 and now is struggling to hold this level at about 22785$ as support.
We can see some positive regular and hidden divergences (4H and weekly frames) in this area and It will be a great sign If we can hold above this crucial support by closing another weekly candle.
Losing this supportive area can lead the price down to 21700$ support to retest the ascending channel again.
📊 4H-Frame 📉 S & R 📈 Chart Update
#Bitcoin closed a weekly candle above the weekly MA 200 and now is struggling to hold this level at about 22785$ as support.
We can see some positive regular and hidden divergences (4H and weekly frames) in this area and It will be a great sign If we can hold above this crucial support by closing another weekly candle.
Losing this supportive area can lead the price down to 21700$ support to retest the ascending channel again.