BTCUSD Retains Bearish Structure but RSI Suggest Bullish Move

<p>BTCUSD found support at the 36,232 level after the negative movement that started after the pullback off the descending trend line. The RSI indicator is heading upwards in the negative region, suggesting a potential upside recovery. Should the pair stretch north, the 50-day simple moving average (SMA) could provide immediate resistance before the prices touches […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/431155-btcusd-retains-bearish-structure-but-rsi-suggest-bullish-move/">BTCUSD Retains Bearish Structure but RSI Suggest Bullish Move</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>