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Bitcoin






5/21/2020 7:08:25 PM

Bitcoin - Technical Analysis: Thursday, 21/05/2020 23:08 GMT



Bitcoin price move inside the ascending channel supports the continuation of the main bullish trend, and the recent consolidation on the channel’s support line indicates the price head to rise in the coming period.

RSI indicator reach to the oversold area adds more support to the bullish trend outlooks.


Target
Risk


Support
Resistance


Trend Bullish

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