new uptrend
the green channel shows exactly the newly formed uptrend.
as long as BTC is in the upper side of the green channel its extremly bullish, even if it falls under the middle line it stil is bullish.
on the weekly time frame MACD seems to be crossing bullish, some big players are accumulating and also pushing the market up (see the big green candles).
a lot of bears posting TA's asking you to short ... short at 9,2k .. at 9,4k ... at 9,5 :))) on what basis? just look at the indicators and most important at the volumes. as long as you recently saw a big green candle (38k btc were bought in a few minutes on bitfinex) you know whales are accumulating .. they will probably dump it but they will do it gradualy and at higher prices, in the meantime they are pushing the market up.
as long as BTC is in the upper side of the green channel its extremly bullish, even if it falls under the middle line it stil is bullish.
on the weekly time frame MACD seems to be crossing bullish, some big players are accumulating and also pushing the market up (see the big green candles).
a lot of bears posting TA's asking you to short ... short at 9,2k .. at 9,4k ... at 9,5 :))) on what basis? just look at the indicators and most important at the volumes. as long as you recently saw a big green candle (38k btc were bought in a few minutes on bitfinex) you know whales are accumulating .. they will probably dump it but they will do it gradualy and at higher prices, in the meantime they are pushing the market up.
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