Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now well above the 50 level.
Major Support Levels – $29,500, followed by $28,500.
Major Resistance Levels – $30,150, $30,500 and $30,600.
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Madusanka Teach
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