MACD clearly shows that we are in a downtrend right now, but fortunately we have hit bottom at the moment which could suggest uptrend for 2-4 days depending on the speed of the climb. we have hit 7500 3 times allready and it seems this will be our low for now. After the climb and we hit EMA 200 bitcoin should turn back down again and hit that 7100 buy zone.
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.