shafieeerfan

BTC-USDT a considerable divergence on 4h

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Bitcoin has hit the 53K resistance which was considered as a strong support for it.
Now we can see a considerable divergence on 4h chart and RSI, which could be a sign for the end of the bearish run, and getting back to the mid-term uptrend.

What about the future targets?
Two dynamic resistance are in the way of Bitcoin (As it is shown in the chart). However, 60K is another important resistance.
If we could pass these three important resistance, considering the divergence on the price chart and RSI, we can be optimistic about keep going on the previous bull trend.

Let's see what will happen.

Penafian

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