BTC will test 10.300 USD soon?_BTCUSD_20200206
Updated
After consolidation around MA200 and made zone 9,400-9,500 become support, BTC can test the zone 10,300 USD. At this price, also marked by Fibo 0.5 and BTC was denied in Oct, 2019 in a rally of nearly 3,000 USD so if BTC reclaims this area, it will confirm we have higher high in a uptrend phase from bottom zone between 6,400-6,800 USD.
Let we see if we can hold the price at over 10,000 USD this time. In this case, 10,150-10,300 USD can become the support region, we can see BTC test the high 11,000-11,200 zone before having other actions. MACD and RSI on daily chart support we can go higher from now.
From weekly chart, we can also see the signals that price can rise from MACD and RSI which we can expect 9,900 and 11,000-11,200 USD can become resistance in this increase.
P/s: NIAH (Not investment advice here) ^^
Let we see if we can hold the price at over 10,000 USD this time. In this case, 10,150-10,300 USD can become the support region, we can see BTC test the high 11,000-11,200 zone before having other actions. MACD and RSI on daily chart support we can go higher from now.
From weekly chart, we can also see the signals that price can rise from MACD and RSI which we can expect 9,900 and 11,000-11,200 USD can become resistance in this increase.
P/s: NIAH (Not investment advice here) ^^
Note
In case we can hold this current price, BTC can find support at 9,250 USD (Fibo price) and 8,850 USD (MA200) before we can see other changes.Daily chart
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