BTC IS BUILDING A BASE BUT WILL IT BE STRONG ENGOUH ?
Updated
The yellow line is the base I'm talking about, we can clearly see higher lows, but as long as we stay inside this triangle and the indicators aren't looking bullish, I think we stay in a Bear Market.
Volumes are slowly decreasing while the price is slightly going up in 1D
Still waiting for a clear EMA crossover in 1H even though recently there have been signs of reversal.
MACD is not quite setup yet.
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Volumes are slowly decreasing while the price is slightly going up in 1D
Still waiting for a clear EMA crossover in 1H even though recently there have been signs of reversal.
MACD is not quite setup yet.
My Website :
http://blockchainFiesta.com
Trade active
I'm staying bullish, Volume isn't here, MACD fails to cross, we bounced off the base line a little but IMO we are going lower. I willl keep you guys updated.
Thanks for reading, leaving likes and commenting.
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Bearish* SORRYTrade active
Bullish Stochastic Divergence in Daily, indicating a small bounce on resistance line before breaking the descending Triangle on the bottom..
Trade active
We have an interesting margin trading: shorts are being closed rapidly. I'd advice to keep an eye on them.
RSI looking neutral at the moment but we can see a huge move is coming.
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