Get started
EagaPavanKumar

#Bitcoin Approaching Bullish Territory

Long
Bitcoin (COINBASE:BTCUSD)  
EagaPavanKumar  
COINBASE:BTCUSD   Bitcoin
Chart Patterns BTCUSD BTC BTCUSDT btcusdlong btclong btcusdforecast
3
0
chartpattern btcusd btc btcusdt btcusdlong btclong btcusdforecast
The MACD line formed a W-pattern below the Signal line (1D).

1- Formation took place near the bottom of the PA range.
2- Last similar formation preceded a 23% rally.
3- Bitcoin is in a DB wedge.

MACD bullish cross is necessary.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.