Technical analysis Bitcoin. BTC-USD on May 20, 2018

May 31, 2018


The small but positive bullish signals appear, which can change the market tendency towards the growth. RSI shows the trend change, but the indicator may be false since there is no confirmation yet. The market is now in the falling wedge, there is not enough volume for going up, but in case we break the upper edge, there will be a possibility to test the resistance at 8450. If we brake it, there will be a big possibility to touch 8800 level.

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