the King is Back?
Of course, it's only the beginning of the week, but currently it looks like the mid-term correction in the BTCUSD market is over (fingers crossed ;)
On the daily charts we see some nice bullish reversal signs:
- the divergence between RSI & the price;
- price is returning inside the bullish Ichimoku cloud
On the daily charts we see some nice bullish reversal signs:
- the divergence between RSI & the price;
- price is returning inside the bullish Ichimoku cloud
Note
the trend reversal was never easy and it always can fall shortcheck the 4-hourly chart to see all the obstacles (resistance levels) on the way up
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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.
Related publications
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.