Bitcoin Bollinger Bands To Watch Out For
A further rebound in the RSI above 50% and a higher exit of BTC / USD from its Bollinger Bands will strengthen the bullish outlook.
The next major resistance to watch out for will be a reversal at around $ 43,000, a symbolic threshold of $ 50,000 and an April high of around $ 65,000.
If it falls below the Wednesday low, the optimistic forecast will be invalid. They will turn bearish if they fall below the support at $ 30,000.
Stop / Cancellation: USD 32,427
Target 1: $ 43,000
Problem 2: $ 50,000.
Target 3: $ 60,000
Risk / reward ratio:> 1
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