TradingView
Eski-yef
Mar 27, 2017 2:59 PM

the King is Back? Long

Bitcoin / DollarBitfinex

Description

Of course, it's only the beginning of the week, but currently it looks like the mid-term correction in the BTCUSD market is over (fingers crossed ;)



On the daily charts we see some nice bullish reversal signs:
- the divergence between RSI & the price;
- price is returning inside the bullish Ichimoku cloud

Comment

the trend reversal was never easy and it always can fall short
check the 4-hourly chart to see all the obstacles (resistance levels) on the way up

More