Get Mystery Box with random crypto!

Aug 2: #Bitcoin: As mention yesterday chart, we saw bearish RS | CryptoPM

Aug 2: #Bitcoin: As mention yesterday chart, we saw bearish RSI divergence in 4 hr which allow bears to take control in short term. BTC also give breakout uptrend channel at downside which have next support near $38300.

1st good part we can see Stochastic Crossover which can give a bounce in btc. Same time a hidden bullish RSI divergence also forming on 4 hr chart, and new candles above $40000 will confirm it. 3rd good part BTC still making Higher Lows which is bullish pattern in bull trend. BTC should hold $38300 support , if breakout below side than it will test $36000 and 50 day moving average..

Upper side $42600 and MA 200 at $44800 work as resistance.

For investor point of view , nothing wrong in market, a possible correction after 40% jump in last 11 days.#WSB