Cizia_Zyke

Monthly Chart

Long
BITSTAMP:BTCUSD   Bitcoin
Lets come back to the fundamentals. The bigger the timeframe, the stronger the signal is. Here we are in a monthly timeframe. There are only few signals because the time is so high. As you can see here, price stopped on the 55 MA and rsi bounced on his last support, which was around the neutral zone. This is an uptrend continuation signal here, and according to rsi and MA, the dip is done. Rsi is bouncing on his last support and remain superior to the 40-50 support bullish zone.
We'll have the monthly close today, lets check the next month for more confirmation, but the April candle is already big and confirm price will go higher, in my opinion.

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