Bullish Analysis on Bitcoin price move
As seen on the chart, I have combined my monthly (45k mark), weekly (Red Background area) & Daily (Trendline) analysis on the shared chart.
The chart in question is a 4h TF.
As seen, price has broken above the trendline and a retest is in progress.
This shows that a bullish move is imminent in the coming week.
Note: price is trailing above the 100 EMA at the moment and this confirms my bias.
The chart in question is a 4h TF.
As seen, price has broken above the trendline and a retest is in progress.
This shows that a bullish move is imminent in the coming week.
Note: price is trailing above the 100 EMA at the moment and this confirms my bias.
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