BitcoinUpdated Many possibilities for BTC
Interesting move in the last hours.
- Breakout of the RSI down trend => Buy signal
- We are finally above the ichimoku cloud (buy signal) but the Tenkan Sen (thin blue line) did not crossed Kijun Sen (thin red line)
- BTC is close to the upside of the descending wedge => sell signal unless BTC breaks it
- BTC is close to the 10day EMA => sell signal unless BTC cross it
Note
If BTC does not goes up in the coming hours it will most probably fell consequentlyI think that because a decrease of the price of BTC would confirm:
- that EMA200 (240) is still considered as a strong resistance
- the breakout of the rising RSI trend
Trade closed: target reached
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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.
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.