Thursday, April 18, 2019
5'200$ has now become a major support but 5'300$ still resists to the buying pressure.
00:00 UTC
CyBorg Predictor
SwissBorg Community
Actual support/resistance: 5'200$/5'300$
5'200$ has now become a major support but 5'300$ still resists to the buying pressure. Despite the decrease in volumes by more than 14%, the price remained above $5'200 and briefly tested the resistance at $5'300. The trend is bullish and, unless there is a violent flash sale, it is likely that the resistance will be tested again. In terms of technical indicators, the change in momentum is not yet confirmed by the MACD lines, but the crossing is imminent.
The analysis is based on the latest close price (00:00 UTC time, daily basis)
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