REVERSAL PATTERN IN PROCESS FOR BITCOIN!
Greetings all....
Checking MACD from 1m to 3 hours time frame, we will see that it turns bullish.
On 4 hours we have some difficulties turning MACD bullish and this is physiological as
we have strong resistance at 51k but also we are creating a bullish inverse head and
shoulders pattern (Waiting for right shoulder to get completed around 49k.
Watching out volume on daily time frame we will see that yesterday closing, we had
the biggest bullish volume the last weeks. (Bullish signal too)
On TA I mention the direction im expecting the upcoming days.
GL
Checking MACD from 1m to 3 hours time frame, we will see that it turns bullish.
On 4 hours we have some difficulties turning MACD bullish and this is physiological as
we have strong resistance at 51k but also we are creating a bullish inverse head and
shoulders pattern (Waiting for right shoulder to get completed around 49k.
Watching out volume on daily time frame we will see that yesterday closing, we had
the biggest bullish volume the last weeks. (Bullish signal too)
On TA I mention the direction im expecting the upcoming days.
GL