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ProShares ETF (BITI) —Bullish
ProShares Short Bitcoin ETF
Long
ProShares ETF (BITI) —Bullish
By AlanSantana
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Aug 31
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Aug 31
This ETF, BITI, hit a major low around march and quickly a strong rise in buy volume can be seen on the chart.
Price action becomes flat, 100%, signaling that a bottom/low is being established. This process is the accumulation phase.
BITI is now moving daily above EMA55. It has been rising since June.
It can enter a major bullish wave now, based on these signals.
Additional details on the chart.
Namaste.
Chart Patterns
Technical Indicators
Trend Analysis
AlanSantana
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