BTC/USD a bullish wave pls?!
Hi guys. This is my first public analysis and I hope that you like it so let's get into it!!!
So we have a Bullish divergence on RSI and also we can see that the power of bears is getting weak in OBV but still we have a strong downtrend in OBV that should break to get 100% sure about next bullish wave.
This was our analysis of two of most important indicators than can help us to understand the situation.
Let's check the price chart...
if the downtrend of obv get break and the chart build 2 bullish candles after that, we have 2 powerful resistance up ahead:
First one is: about 50,000$
and the second one is: about 55,000$
So we have a Bullish divergence on RSI and also we can see that the power of bears is getting weak in OBV but still we have a strong downtrend in OBV that should break to get 100% sure about next bullish wave.
This was our analysis of two of most important indicators than can help us to understand the situation.
Let's check the price chart...
if the downtrend of obv get break and the chart build 2 bullish candles after that, we have 2 powerful resistance up ahead:
First one is: about 50,000$
and the second one is: about 55,000$
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