Yesterday we had a bearish candle close after a failed challenge of EMA50, which now sits at $58,362.
Today, Bitcoin is clearly moving above this level and beginning to grow.
We have the MACD starting to form a strong upward curve:
And the RSI hitting 50;
Goes bullish after a higher low:
All these signals are pointing to higher prices.
Is the Bitcoin correction over?
This is likely...
It is time for the bulls to jump back in.
Note: We still have the $59,000/$62,000 price level as resistance.
EMA100 ($55,000) is now our immediate support.
How far up can prices go?
Leave a comment!
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Thanks a lot for your support.
Namaste.
Today, Bitcoin is clearly moving above this level and beginning to grow.
We have the MACD starting to form a strong upward curve:
And the RSI hitting 50;
Goes bullish after a higher low:
All these signals are pointing to higher prices.
Is the Bitcoin correction over?
This is likely...
It is time for the bulls to jump back in.
Note: We still have the $59,000/$62,000 price level as resistance.
EMA100 ($55,000) is now our immediate support.
How far up can prices go?
Leave a comment!
HIT LIKE!
Thanks a lot for your support.
Namaste.
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➖ If you now enjoy the content, please consider support below...
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