BTC Green!
So there's a couple things I'm looking at. First off all, the new yellow line support is holding and you can see a clear double bottom off that. Secondly, we had good "buying" volume yesterday after the recent exhaustion of Bears. Third, the RSI divergence just crossed above the neural white line. Fourth, the daily bar is bouncing above the red midline of the Bollinger bands. All in all, I'd say this is a reasonable time to go long.
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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.