Technical analysis Bitcoin. BTC-USD on May 30, 2018

June 3, 2018


It looks bullish on the middle timeframes and ready to test the upper edge of the downtrend channel. MACD and RSI look good and show the possibility of the further growth; Stoch RSI is in the oversold area, however, it just starts to bounce on the higher timeframes and has an impulse to go up. Probably, we will see the bullish market at the beginning of the next month, the capitalization can gain the volume and the alts can make their bounces. In order for BTC to continue the positive scenario, we expect to test 7800 zone these days.


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