Trend lines showing movement towards the bullish trend in short term. The first resistance level is @ 16500 for BTC and if it crosses this, then it can go further positive trajectory.
RSI and Stoch RSI are supporting trend lines toward positive price movement. MACD signal is all set to reach bullish signal crossover in a day or two. All these indicators and trend lines show BTC has good time coming
Comment
BTC at the gates! If it breaks 16500 resistance level, it can go further up and be cautious with your Alts trading during this time.
Disclaimer: Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.
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.