BTCUSDT is beginning to enter a transitionary phase that could likely break the counter-cycle seen since the sell and buy walls created. Created this obvious barrier between both bull and bear with the clear and definitive prints. This is not a confirmation as of yet, though, something to keep an eye on if bulls can break the counter and go into transition to an initial upcycle. Which, for the case of all bulls; will need strong signal weight and momentum to successfully breakthrough. Trade active
Transition phase confirmedTrade active
Signal and cycle momentum have picked up decently well. Let's see if btc bulls can use this opportunity to regain control.Trade active
Signal and cycle momentum confirms the initial cycle...hold on tight. Bulls leaving plenty behind to cover
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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.