CryptoSpaceMy

BTC Daily Update 29 May 2021

BINANCE:BTCUSDT   Bitcoin / TetherUS
Based on BTC daily chart, it found its temporary support at around $34k where it will probably test its $39k resistance again in the immediate short term.
Stochastic RSI indicates that we will soon have a downward oscillation incoming which in the history had always indicate pullback. I expect a pullback coming after a retest of resistance at $39k which will then form a M pattern in the Stochastic RSI indicator.

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