Hey guys,
I have tried to make the trend reversal clear with blocks. What you can clearly see is that after a hard fall, a soft landing has come. Afterwards (now) it can be seen that BTCUSD is slowly starting to rise again and that there is a trend reversal in the making.
What do you think?
I would appreciate it if you could comment critically and tap the like button!
Comment:
the news of the "rejection" by ETF didn't affect the price
Comment:
At this moment are the signs on RSI and MACD bearish for the next days. We\ll see if the support of block 3 is strong enought to confirm the uptrend
Comment:
As said, 28 AUG BTC will test support block 3. We'll see that this weekend
Comment:
Yes. That was a nasty drop. There's something interesting with volume....