BITCOIN'S newest Bullish Signal
I like to scroll through the higher timeframes periodically to look for patterns that simply won't 'jump out at you ' on the intraday.
Bitcoin weekly chart, I see where the MACD line is currently making a Cross X up and through the Signal-line, that is a very bullish cross if it's sustained by further crossing and it's further confirmation of an imminent breakout.
* Educational purposes and the latest Bitcoin alerts. But not for financial advice on timing of Long and Short positions for Bitcoin.
Bitcoin weekly chart, I see where the MACD line is currently making a Cross X up and through the Signal-line, that is a very bullish cross if it's sustained by further crossing and it's further confirmation of an imminent breakout.
* Educational purposes and the latest Bitcoin alerts. But not for financial advice on timing of Long and Short positions for Bitcoin.
Nota
Bitcoin is on the move heading up. Buyers stepped in about 5 hours ago. Bitcoin then about an hour ago commenced a pullback and soon those low levels got rejected for a more sustained move upwards. I believe today it will break through recent daily highs and continue the move up.Nota
Trade attivo
It's been a couple of great days for Cryptocurrency's and Bitcoin up about 0.9% today. Is the downward cycle finally over? Gotta be close imo.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.