The famous golden cross occurred on 16/04, and we are actually accumulating distance between ma50, ma200, that's a good sign!
Let's look together at major support and major resistances.
Supports.
FIRST: 167$/170$
SECOND 154$/157$
MAJOR: 130$/135$
A break of the first support would lead us to 160$ area. It's unlikely to break also this area in the short term. Ma50 acting as support there.
Resistances.
FIRST: 174$/177$
MAJOR: 185/188$.
A breakout of the actual resistance will lead to a test of the major one. If we can manage to break also the major one, the result will be quite huge.
Of course, we are closely related to BTC performance.
Let us know your opinion in the comments!
Let's look together at major support and major resistances.
Supports.
FIRST: 167$/170$
SECOND 154$/157$
MAJOR: 130$/135$
A break of the first support would lead us to 160$ area. It's unlikely to break also this area in the short term. Ma50 acting as support there.
Resistances.
FIRST: 174$/177$
MAJOR: 185/188$.
A breakout of the actual resistance will lead to a test of the major one. If we can manage to break also the major one, the result will be quite huge.
Of course, we are closely related to BTC performance.
Let us know your opinion in the comments!
