the King is Back?
Updated
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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