BTC in buy zone

BTC-USD looks to be in buy zone since some days...
price looks to play nice on fibs in this 4h steps chart.
RSI is bullish.
Volume is actually important.
I have no target advise, but it's bitcoin (I'm bullish)....

Good trades everyone!

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

Note

actually, the drowntrend line is tested by the bulls

Also, bears looks like tired rn :

Note

Less bears again

I have extended my buy zone a little to the bottom due to the trend lines (lower low on the falling wedge and lower low on the long log uptrend) :

The obv report a bearish divergence but nothing huge

Note

the bear channel was finally not enough for this fast dip :/
we are now sitting on the fib:

Note

Market took a fast reaction about the G20 discussion : investir.lesechos.fr/marches/bitcoin-cryptomonnaies/g20-le-fsb-rejette-les-appels-a-une-regulation-des-cryptomonnaies-1750099.php and reuters.com/article/us-g20-regulations-carney/g20-watchdog-focuses-on-rules-review-holds-fire-on-cryptocurrencies-idUSKBN1GU0SF

Note

now bullish? :)

Note

The OBV oscillator report an hidden bullish divergence :

Note

again in a falling wedge on this 4H chart

close to support lines, can be a reversal soon
The daily chart report mixed signals, bullish obv oscillator & rsi bullish divergence but miss again some volume & cci obv is not awsome

onepulse

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

onepulse