Bitcoin Strong Move To Happen Soon… Mixed Signals -Up or Down?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

AlanSantana

We have all the ingredients for a sudden move to show up on the BTCUSD chart….
But, will it move up or down?

We have extremely low volume , the first ingredient.

Highly mixed signals:
– Bearish MACD cross but the RSI is strong.
– Resistance is being faced but prices trading above EMA10.

Something is cooking… I can sense the smell.

Where will the breakout go?

Share in the comments below!

Namaste.

You might be interested in …

Trading View March 17, 2022

SOL looks ready to break out

SOL looks ready to break out SOL / TetherUS BINANCE:SOLUSDT jdh-au SOL seems to breaking from its bearish channel . Worth a long position. Tight stop loss in case it’s a fakeout.

Trading View March 3, 2022

What is order block? Bitcoin / US Dollar (calculated by TradingView) BINANCE:BTCUSD Snick3rSD ‼️ Order Blocks are candles where Market Makers (Banks) have placed their positions, generally, the market returns to those candles and they […]

Trading View May 19, 2022

DOGE – Bearish again?⚠️

DOGE – Bearish again?⚠️ Dogecoin / TetherUS BINANCE:DOGEUSDT ShawnMCR Let’s see how DOGE is behaving. This is a 1H chart. (Short Term) DOGE fell off the support area . Once it got another support, it […]