BTC IS BUILDING A BASE BUT WILL IT BE STRONG ENGOUH ?

The yellow line is the base I'm talking about, we can clearly see higher lows, but as long as we stay inside this triangle and the indicators aren't looking bullish, I think we stay in a Bear Market.

Volumes are slowly decreasing while the price is slightly going up in 1D

Still waiting for a clear EMA crossover in 1H even though recently there have been signs of reversal.

MACD is not quite setup yet.

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تم فتح الصفقة:

I'm staying bullish, Volume isn't here, MACD fails to cross, we bounced off the base line a little but IMO we are going lower. I willl keep you guys updated.
Thanks for reading, leaving likes and commenting.

تعليق:

Bearish* SORRY

تم فتح الصفقة:

Bullish Stochastic Divergence in Daily, indicating a small bounce on resistance line before breaking the descending Triangle on the bottom..

تم فتح الصفقة:

We have an interesting margin trading: shorts are being closed rapidly. I'd advice to keep an eye on them.

RSI looking neutral at the moment but we can see a huge move is coming.