BTC is now on an ascendant channel heading to 9700

23 lug 2020

The key point is that there was a hidden positive divergence in RSI chart. On July 21st, it was confirmed and the BTC is now on an ascendant channel heading to first the point of 9700 and then more probably increased to 9900 to play completely this divergence.

From here, we will see a pool-back to the level of 9450, if so, we will be on the right channel to increase to the figures mentioned above. if not, the next stop will be 9350 in the bottom f channel.

Thanks