Technical analysis Bitcoin. BTC-USD on July 22, 2018

July 22, 2018


Bitcoin is following the scenario of 19th of July. On 1 day timeframe MACD demonstrates the possibility of a market to overcome the resistance at 7500, which may push the market test the resistance zone at 7800-8000. Also, on 1 day timeframe, ЕМА200 shows the resistance at 7862 level. If we don’t overcome 7500 level, the support at 7200 will meet us, once we consolidate below it, it will push the market to the support zone at 7000-6800.

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