BTCUSD short term bullish setup
BTC shows a nice bullish setup on the daily.
RSI coming off strong from the oversold levels, while the MACD looks ready to cross the signal line.
Price action could continue to go up as BTC is coming off the lower bollinger band. Next test could be the MA @$7200, good support area there.
RSI coming off strong from the oversold levels, while the MACD looks ready to cross the signal line.
Price action could continue to go up as BTC is coming off the lower bollinger band. Next test could be the MA @$7200, good support area there.
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.