Yesterday in the morning, sellers dominated, and the price of bitcoin renewed its July low around the level of 31589$. In the afternoon, buyers were able to stop the decline, restoring the pair above the level of 32500$.
By the end of the day, the price tested the two-hour EMA55, but until this morning the pair had not yet managed to rise above the average price level.
On the daily time frame, the Stoch RSI indicator lines have reached the oversold zone, but a buy signal has not yet formed. Perhaps, at the end of this week, the Bitcoin price will begin to recover to the resistance area of 36000$. In the near future, buyers will try to form a bullish momentum and break through the resistance of the descending orange line.
By the end of the day, the price tested the two-hour EMA55, but until this morning the pair had not yet managed to rise above the average price level.
On the daily time frame, the Stoch RSI indicator lines have reached the oversold zone, but a buy signal has not yet formed. Perhaps, at the end of this week, the Bitcoin price will begin to recover to the resistance area of 36000$. In the near future, buyers will try to form a bullish momentum and break through the resistance of the descending orange line.
Join our channel:
🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
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.
Join our channel:
🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
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.