Bitcoin, what do the indicators and our trading systems say?

Bitcoin has been in a downtrend for quite some time. But a couple of weeks ago, the price started to show signs of growth. This was also shown by our trading system. But a week later, the price showed an exit. Before the local growth. But as it turned out it was a false growth and the system was able to anticipate it. After the same rapid growth, the same fall happened.

If you look at the technical analysis (right chart), the price tested the liquidity zone, which turned out to be a strong resistance area. Then it had a small correction and price went down to the point of control. But it also broke through the point of control, which caused a strong correction.

Personally, we will open a trade after our systems show a signal. From the technical analysis side, making higher lows and getting the price back to the liquidity zone would be a bullish signal.

💚 Please like and subscribe to us to get more ideas like this.