Bitcoin / TetherUS
Long

BTC/USDT - 1H - Bullish Reversal

385
BTC/USDT has been in a bearish trend. The price action has bounced off an important Support Zone that seems to have caused a bullish reversal.

The Bullish Bias is based on the following signals:

  • Price has stopped making LHs and LLs
  • Double bottom at support with neckline breakout
  • GMMA: Slow and Fast MA crossover
  • Falling Resistance breakout with bullish hammers
  • Bullish divergence on RSI + strength over 50 and not too near overbought levels
  • OBV convergence with price (uptrend has conviction)


Expecting bulls to be in control and take price towards the Resistance Zone.

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.