Looking at Bitcoin on the monthly time frame, we have the potential for a positive month.
Last months candle closed as an inverted hammer, which also fully engulfs the previous candle.
The MACD histogram seems to have peaked to the bear side and is starting to curve. I drew an arrow to mark the potential move.
MACD:
The RSI hit an all-time low in January and has the potential to move up.
RSI:
This update is for my Bitcoin Remains Above EMA50 + Weekly TF Update + Altcoins post.
You can find it here:
Make sure to hit like.
Namaste.
Last months candle closed as an inverted hammer, which also fully engulfs the previous candle.
The MACD histogram seems to have peaked to the bear side and is starting to curve. I drew an arrow to mark the potential move.
MACD:
The RSI hit an all-time low in January and has the potential to move up.
RSI:
This update is for my Bitcoin Remains Above EMA50 + Weekly TF Update + Altcoins post.
You can find it here:

Make sure to hit like.
Namaste.
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🎯 LIFETIME Results: t.me/anandatrades/1183
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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.
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
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.