TradingView
metalone
Mar 1, 2020 6:39 PM

CCI strong divergence, RSI, big Cup & handle Long

Bitcoin / U.S. dollarBitstamp

Description

A lot of bearinesh but here we've got a couple of strong early indicators that the correction is exhausting:

CCI shows a clear divergence from the bearish trend, plus it has bounced from an important low support
MFI + RSI shows an oversold level indication a reset possibility for a new very healthy uptrend
Ichimoku is showing an important green support on the Daily

We are still trading around 8600-8400 area of support although we broke some key MA and some short term death crossing are on the horizon we have a big potencial to resume the february rally now.

Oh, and by the we... nobody sees that Giganty Cup? really?
Comments
f-73
I see an inverted H&S
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