Bitcoin in USdollar (BTCUSD) - daily frame
Inverse H&S --- head and shoulders pattern also called reverse head and shoulders bottom.
RS = LS so pattern is "better looking" and closer to ideal one.
Moving average - only one (exponential method) and value = twelve number of Fibonacci sequence.
TA indicator:
MACD near 0 level (histogram oversold)
Stoch - oversold
Inverse H&S --- head and shoulders pattern also called reverse head and shoulders bottom.
RS = LS so pattern is "better looking" and closer to ideal one.
Moving average - only one (exponential method) and value = twelve number of Fibonacci sequence.
TA indicator:
MACD near 0 level (histogram oversold)
Stoch - oversold
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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.
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.