Hi every one
BTC shorter timeframe is still moving sideways but may turn to limited upward pressure soon.
how much and how long it can push the price upward we will see. however I think we should
look at longer timeframes at the same time.
......................................................
on the weekly chart price still too far from our daily 21MA and MACD on weekly chart
is showing bearish divergence in both lines and histogram.
So in shorter timeframe charts we may see a limited upward pressure but from more than daily charts
we can not expect for a new bull run yet. we will see
Enjoy the market
BTC shorter timeframe is still moving sideways but may turn to limited upward pressure soon.
how much and how long it can push the price upward we will see. however I think we should
look at longer timeframes at the same time.
......................................................
on the weekly chart price still too far from our daily 21MA and MACD on weekly chart
is showing bearish divergence in both lines and histogram.
So in shorter timeframe charts we may see a limited upward pressure but from more than daily charts
we can not expect for a new bull run yet. we will see
Enjoy the market
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Related publications
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.