BTC Bullish Idea
Updated
The Fractal from the 2020 bull run looks very similar to the current bullish fractal BTC is in at the moment.
Also looking at the RSI on high time frame (3 day chart) we can see a clear pattern. 3waves descending on the RSI, before a breakout to the upside on 7th Sep. Same pattern on the market cipher B indicator.
Expectation is that there is an imminent breakout soon (day, or weeks) as pressure keeps building, the release will be explosive.
Also looking at the RSI on high time frame (3 day chart) we can see a clear pattern. 3waves descending on the RSI, before a breakout to the upside on 7th Sep. Same pattern on the market cipher B indicator.
Expectation is that there is an imminent breakout soon (day, or weeks) as pressure keeps building, the release will be explosive.
Trade active
Almost there BTC
Telegram: t.me/theNinjasDojo
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.