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CMW53
Mar 8, 2021 3:32 PM

Possible bullish LMACD cross emerging in BITCOIN Daily Chart! Long

Bitcoin / U.S. dollarBitstamp

Description

In the Daily Chart for Bitcoin we can see a possibly emerging bullish cross in the LMACD indicator, which in the last 2 scenarios resulted in 125% and 100% rise of the Bitcoin price. Right now it is most important to hold the 46K-50k support to be sure the recent correction is finally over. In case the RSI should fulfill another clear bullish cross like the last two times, we could see another 2-3 digit percent price action to the upside. Fingers crossed, good luck everyone! :)



Not financial advice.
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