Bitcoin : one of the last support
Hey all,
What a week. Everybody is waiting for the FOMC, tomorrow. The next rate declaration from the Federal Reserve will add a little bit more volatility in the market.
About Bitcoin, prices are on the hedge of one of the last support, the previous low, at 18 822$. This area was defended by the bulls many time.
Let's note the positive divergence on the daily RSI, that could go in the way of a bounce, with a first target located at 20,500$, the daily Kijun.
If the support breaks, we have as a very last support the very low of candle shadows, located at 17,630$.
Let's see how the market will react to the news !
Cheers.
What a week. Everybody is waiting for the FOMC, tomorrow. The next rate declaration from the Federal Reserve will add a little bit more volatility in the market.
About Bitcoin, prices are on the hedge of one of the last support, the previous low, at 18 822$. This area was defended by the bulls many time.
Let's note the positive divergence on the daily RSI, that could go in the way of a bounce, with a first target located at 20,500$, the daily Kijun.
If the support breaks, we have as a very last support the very low of candle shadows, located at 17,630$.
Let's see how the market will react to the news !
Cheers.
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