empty
 
 
20.03.2023 05:42 PM
Short-term technical analysis on Bitcoin for March 20th, 2023.

This image is no longer relevant

Green line- support trend line

Blue lines- bearish RSI divergence

Bitcoin is trading around $28,000. Short-term trend remains bullish as price continues making higher highs and higher lows. Price continues to trade above the green upward sloping trend line. As long as this is the case trend remains bullish. Despite making new higher highs, the RSI continues to provide lower highs. The RSI provides a warning to bulls. The RSI has provided 4 lower highs when price was making 4 higher highs. The bearish divergence is a warning that bulls should not ignore. A break below the green support trend line combined with the bearish divergence, increases the chances of the creation of an important top. Bulls need to protect their gains as Bitcoin has managed to rise significantly over the last 10 days.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $6000 lebih lagi!
    Dalam Diseember kami membuat cabutan bertuah $6000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget