Here are 4 clear technical analysis signals that bitcoin has established a low and a bullish reversal is possibly about to start.
BTCUSDT
1. Bitcoin has been trending the 200 weekly EMA in the past few days which is acting as support.
2.There is clear bullish RSI divergence on Daily timeframe .
3. Price has broken the $22800 and now using it as support.
4. This zone is also confluence with 2017 all times high which is also acting as support.
BTCUSDT
1. Bitcoin has been trending the 200 weekly EMA in the past few days which is acting as support.
2.There is clear bullish RSI divergence on Daily timeframe .
3. Price has broken the $22800 and now using it as support.
4. This zone is also confluence with 2017 all times high which is also acting as support.