Aadil1000x

BTCUSD Difference in MACD vs Graph

Long
BITSTAMP:BTCUSD   Bitcoin
Hello Traders!

MACD in the chart is in a default setting.

There is a Difference between MACD vs graph chart. It looks like MACD is about to give a cross and it will be a clear divergence and it will go to 41k support.

If MACD fails to cross here then it will give a cross after breaking the previous high and in this case, we are going to see some beautiful bullish candles.

If you go back and see from 25-nov-2020 to 16-dec-2020 there is same kind of difference and when MACD gave a cross on 16th dec Market reached 21k and the MACD was still below the previous high and after that you can see a 100% gain. I am expecting the same performance here and BTC will shoot and cross 100,000$ and can go up to 120,000$.

Don't forget to support the idea by hitting the like button and follow to stay connected.
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.