Bitcoin has signaled a bullish reversal.
Taking a look at the MACD in relation to price, there is a clear bullish divergence (illustrated on chart).
This is confirmed by the bullish crossing of the fast and slow EMA's (illustrated in circle).
Lastly, BTC is under value (illustrated by white line). This means we can expect BTC to rise to at-least the AVL which is sitting at around 45k.
These 3 signals serve as a good confirmation that BTC is a good long position to take at this time.
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thanks 😁
Taking a look at the MACD in relation to price, there is a clear bullish divergence (illustrated on chart).
This is confirmed by the bullish crossing of the fast and slow EMA's (illustrated in circle).
Lastly, BTC is under value (illustrated by white line). This means we can expect BTC to rise to at-least the AVL which is sitting at around 45k.
These 3 signals serve as a good confirmation that BTC is a good long position to take at this time.
If you like my post and find them useful, please 👍 & FOLLOW for more.
thanks 😁
