A price action above 0.70 supports a bullish trend direction. A break below this level will negate the bullish stance.
A bull flag pattern might be developing. A break up out of this pattern supports upside price potential.
RSI leaves enough room for further upside price potential.
The price action might test its 200-day simple moving average , which might act as major resistance.
FIB CIRCLE BTC ALL TIME. BraveNewCoin Liquid Index for Bitcoin BNC:BLX bilguunb this is by far the most accurate rainbow chart .. and it tells me that it has a lot more room to go […]
Did BTC/USD begin a new trend? Or we are at a greater risk-zone? BTC/USD COINBASE:BTCUSD BITCOINLOOM Not intended to be a piece of financial advice. BTC positive reversal is likely to establish a new trend. […]
Bitcoin short-term view – bullish divergence for recovery BTC/USD COINBASE:BTCUSD Crypto4Everybody Bitcoin short-term view – bullish divergence for recovery After the second leg down as I predicted we see a bullish divergence on this 1h […]