Bitcoin / TetherUSUpdated Bitcoin || First Technical Analysis
Yesterday's candle is bearish engulfing candle. At some point #Bitcoin is trying to find support on SMA and wedge breakout line. A death cross + head and shoulders on the chart. A certain drop might happen.
Summary:
Support 1: 40.5k
Support 2: 37k
Resistance: 44k & 51.5k ish
RSI(14) 40.1394 BEARISH
Moving Averages exponential: Bearish
Summary:
Support 1: 40.5k
Support 2: 37k
Resistance: 44k & 51.5k ish
RSI(14) 40.1394 BEARISH
Moving Averages exponential: Bearish
Note
dump
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.