Description
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Hello friends,
Possible scenarios (short-term and Long-term) are shown in the chart (see attached idea).
As you see:
The short term is a falling wedge pattern.
The long-term is a mega bull flag pattern.
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⋅ BTC (4h)-Technical
DMI is neutral
Oscillators:
Moving Average Convergence / Divergence *** BUY
Momentum Indicator *** BUY
Moving Averages:
Ichimoku Cloud *** BUY
Hull Moving Average *** BUY
Exponential Moving Average *** BUY
Simple Moving Average *** I don't know
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⋅ 49k
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⋅ Scenario 1 or 2 ? :)
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⋅ Bears didn't expect to see bitcoin here! :)
Bears are careful (For most, Fear of Losing Money)
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⋅ Target Touched, End