Are Bull still in charge of this Bitcoin phase?
The chart pattern that is developing suggests a Bullish bias.
After a short correction/consolidation we have stabilized in the low 8000 area. This is a good sign that there is more to come in the near term for a BTC rally.
1. PPO still neutral/bearish
2. Volume is decreasing confirming the pattern
3. Stoch is in the oversold area
4. RSI has broken the bearish trend
4. MACD is about to turn bullish?
5. CCI bounced bullish
Indicators show mixed signals however the bias is bullish. We will have clearer indications in the following hours.
Recently we have seen rallies starting on sunday/monday. We could reach a pattern breakout within a couple of days.
Initial short term targets are at +8.5% and - 5.5%.
Trade safe.
The chart pattern that is developing suggests a Bullish bias.
After a short correction/consolidation we have stabilized in the low 8000 area. This is a good sign that there is more to come in the near term for a BTC rally.
1. PPO still neutral/bearish
2. Volume is decreasing confirming the pattern
3. Stoch is in the oversold area
4. RSI has broken the bearish trend
4. MACD is about to turn bullish?
5. CCI bounced bullish
Indicators show mixed signals however the bias is bullish. We will have clearer indications in the following hours.
Recently we have seen rallies starting on sunday/monday. We could reach a pattern breakout within a couple of days.
Initial short term targets are at +8.5% and - 5.5%.
Trade safe.
Dagangan aktif
Broke the triangle upwards. Wait for a close outside the pattern with strong volume before adding.Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.