Bitcoin Daily Short-Term Update | Additional Signals

30 Des 2021

We have additional data when looking at the 1H timeframe, really short-term.

First, we have the falling wedge chart pattern giving us a bullish signal; this has already broken bullish.

The last two candles puts BTCUSD 1H above EMA10 and EMA21, signaling that the bulls are taking the reins short-term.

We also have a rising RSI with hidden bullish divergence.

We will see how it goes.

Blessed be your Soul.

Namaste.