GoNoGoCharts

Bitcoin to move lower?

COINBASE:BTCUSD   Bitcoin
Bitcoin has consolidated sideways, finding support around 10,000 after dropping out of its “Go” trend at the beginning of the month. Now, the GoNoGo Oscillator is riding the zero line, finding resistance as it runs up against it from below. If this “NoGo” trend is to continue, then we will likely see the GoNoGo Oscillator fail here, and get turned away by the zero line, keeping price in the “NoGo” trend.

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.