Monthly Time-frame

Bullish Harami Printed!!! Breakout to the upside is in play! Higher low is printed confirmed! Watch out for confirmed bulls back in the ball game. Russian sanction on Swift Banking was Bullish for Bitcoin as Russians transferred their funds to Cryptocurrency.

Weekly Time-frame

Bullish week, double bottom , Relative Strength Index ( RSI ) Bullish . Higher low, breaking the previous high. Awesome Oscillator (AO) printing green volume and Bullish RSI . Breaking the Ichimoku Cloud soon! If rejected at $44,070 it’s a good time to open a short for a retest at $40,972.87.

1D Time-frame

Cheers for the bulls! We have broken the ichimoku Cloud , and made it a support, it looks weak breakout but will see if we can hold it as a Support. We are now ready to open a Positive Volume tomorrow.

4H Time-frame

RSI is overbought, which is normal during an up-trend. Broken the cloud, printed a strong volume AO. We are done with the butterfly constriction now we are moving to the upside.

We will discuss more on the possibility on our Live. Stay tune and check with us!

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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.