BTCUSD ❕ the price formed an uptrend line
Long lower shadows indicate strong support.
Trading volumes are up.
50MA have broken through to the upside of the 100MA (1H TF).
Bitcoin has arguments to decline, so I don't expect a quick price reaction, but once the price fixes above the resistance level, BTC is likely to continue local rally.
Trading volumes are up.
50MA have broken through to the upside of the 100MA (1H TF).
Bitcoin has arguments to decline, so I don't expect a quick price reaction, but once the price fixes above the resistance level, BTC is likely to continue local rally.
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