Good evening everyone, again this weekend the frog updates us on the situation of Bitcoin by looking at a glance at the BTCUSDT Daily chart:
⁃ Kumo:
⁃ Color: It's green and indicates a steady uptrend for about a month.
⁃ Width: particularly thick, indicating the strength of the trend.
⁃ Expansion/Compression: slightly expanding; therefore indicates an...
Good morning friends !
Today, we are looking to the weekly time frame on which, last week price action triggered a bullish engulfing pattern.
In addition, W1 closing (@ 35428) was above an important resistance level (34'970) already mentioned in my previous analysis
which may force to a view reassessment of the situation, depending of the followup...