Bitcoin making bullish diversion in daily chart, what next?
Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Apart from todays movements let's look back at a higher time frame.
(I've used the line chart instead of candlesticks because of all the wicks , they're just noise for considering this deviation)
We can see a series of lower lows formed by btc while rsi is steadily moving up making higher lows.
This is usually a good sign of either a reversal or the start of a range.
Combine this with the current contraction of Emas on 4h and daily , we can anticipate that a big move may be coming
Which Direction ? Can't say , and you shouldn't speculate either ! Stay confident in your models and react to what btc does rather than predict or speculate it.
Conclusion ? Well none it's just a point of view i wanted to bring into light ,
But if you don't like getting chopped around here , you might have a reason to take a break and wait for the decisive big move to come.
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
Welcome to this quick update everyone,
In Daily timeframe Chart, Apart from todays movements let's look back at a higher time frame.
(I've used the line chart instead of candlesticks because of all the wicks , they're just noise for considering this deviation)
We can see a series of lower lows formed by btc while rsi is steadily moving up making higher lows.
This is usually a good sign of either a reversal or the start of a range.
Combine this with the current contraction of Emas on 4h and daily , we can anticipate that a big move may be coming
Which Direction ? Can't say , and you shouldn't speculate either ! Stay confident in your models and react to what btc does rather than predict or speculate it.
Conclusion ? Well none it's just a point of view i wanted to bring into light ,
But if you don't like getting chopped around here , you might have a reason to take a break and wait for the decisive big move to come.
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.