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Trading View May 16, 2022

Bitcoin: Reflecting a bullish mood again?

Bitcoin: Reflecting a bullish mood again?

Bitcoin: Reflecting a bullish mood again?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Peet_Serfontein

Heikin-Ashi is giving an early indication of a bullish trend .
Above 29300 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
In oversold territory – resulting in an increased likelihood of a correction.
Remains a very risky trade.

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