Price action formed some sort of falling wedge.
Sitting on its support. A few momentum indicators show divergence but they usually send false signals when market is in strong trend.
But it's clear that ichimoku claud is resistance. Broke from the cloud will reinforce bullish signals.
Fixed range shows, over the past few days we have more buying volume that selling.
- box is my accumulation zone.
If TD doesn't lie, today can be the great bottom day. But it will really depend on what bitcoin is doing.
Sitting on its support. A few momentum indicators show divergence but they usually send false signals when market is in strong trend.
But it's clear that ichimoku claud is resistance. Broke from the cloud will reinforce bullish signals.
Fixed range shows, over the past few days we have more buying volume that selling.
If TD doesn't lie, today can be the great bottom day. But it will really depend on what bitcoin is doing.
First thing I do not like - the bear flag. It's hard to say if it will fail. This will depend on ETH and BTC.