BTC/USD 4HR Chart Analysis (30/8/18)

jakkk(38)
Published in
#bitcoin
Words
42
Reading
1 min
8y
Listen to this post
~1 min

BTC/USD 4HR Chart Analysis (30/8/18)

OUTLOOK: Bullish

4H chart: BTC is defending rising trendline amid ascending MAs (50, 100).

So, there is scope for a test of rising channel hurdle of $7,240.

Bull case would weaken if RSI breaches the rising trendline

1.PNG

BTC/USD 4HR Chart Analysis (30/8/18) | Ecency