The almighty bitcoin is showing two bullish patterns which are the reversed H&S and double bottom when zoomed out. I believe we are at the end of the bearish market. At the 4 hours frame, the 50 & 200 SMA are also about to cross which is a very bullish indicator.
I think we are looking very good to start a bullish trend. The bullish trend will pull all the altcoins to be very bullish.
Good luck trading :)
***This information is not a financial advice. I am still learning and practicing.***
I think we are looking very good to start a bullish trend. The bullish trend will pull all the altcoins to be very bullish.
Good luck trading :)
***This information is not a financial advice. I am still learning and practicing.***
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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.