In last review we wrote about Bitcoin which found the support near $ 6’000. Since that this support has not been overcome. The bulls cheered up. Disappointed bears close short positions. As a result, we see an attempt to form new growing trend. MAcross gave a signal to buy on daily chart. Along with that, this signal has already passed the test by correction with the return of the rate to $ 6’000.
On daily chart we see the formed figure “The head and shoulders upside down”.
Of course, on weekly chart the picture is still bearish. The rise above $ 8’000 plus fixation there are needed to speak about the start of medium-term growth. However, as minimum there is a short-term signal to buy. And those who have not stopped trading for summer can work it. Enter is on current. Or if you are lucky it is near $ 7’000. The exit (or even flip down) in case getting the signal to sell from MAcross of daily chart.
Wish you profitable deals and follow our reviews!
On daily chart we see the formed figure “The head and shoulders upside down”.
Of course, on weekly chart the picture is still bearish. The rise above $ 8’000 plus fixation there are needed to speak about the start of medium-term growth. However, as minimum there is a short-term signal to buy. And those who have not stopped trading for summer can work it. Enter is on current. Or if you are lucky it is near $ 7’000. The exit (or even flip down) in case getting the signal to sell from MAcross of daily chart.
Wish you profitable deals and follow our reviews!
