BTC Up potential
Updated
Hello I am writing this Idea to help you understand what is going on with BTC.
On the Daily chart we have:
Macd about to cross over
Rsi cross over
Resistance at $7800
If we are able to break the Resistance BTC is looking bullush short term.
Do keep in mind there is downside potential still.
I am focusing mostly on BTC as it is what controls all cryptos for now.
As always Please remember to only invest what you are willing to lose and Do your own research!
If you like this post please like / follow / comment. Always looking to learn so feedback is appreciated Thank You. :)
On the Daily chart we have:
Macd about to cross over
Rsi cross over
Resistance at $7800
If we are able to break the Resistance BTC is looking bullush short term.
Do keep in mind there is downside potential still.
I am focusing mostly on BTC as it is what controls all cryptos for now.
As always Please remember to only invest what you are willing to lose and Do your own research!
If you like this post please like / follow / comment. Always looking to learn so feedback is appreciated Thank You. :)
Note
quick update: 4hr chart macd is looking to cross over with a possible target of $7800We have to consolidate a little before further movement up on the little time frames.
1d chart macd cross over also looking bullish possible retest of $8000 incoming if we can keep volume up
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.