BITCOIN'S newest Bullish Signal

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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.

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ملاحظة

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.

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ملاحظة

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تم فتح الصفقة

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.