BTCUSD Daily Chart update - May 31, 2018

https://www.tradingview.com/x/xGfsFWPH/

Support at $7,300 held on the pullback yesterday and prices have bounced back. Above $7,550 is needed to continue to the next resistance at $7,800. Above $7,550 today will also create a daily TD buy signal and a MACD cross. A break bellow $7,200- 7,300 again will confirm continuation of the downtrend.

Weekly: Down

Daily: Neutral

4 hour: Neutral

1 hour: Up

Prediction for the day

A move higher above $7,600

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