BITCOIN BUY ZONE - CONSOLIDATION FOR NEW HIGHS
The Purple Box is the consolidation zone. This is my buy zone. I think from here we will go to ATH in the next weeks or months. As long as we ain't breaking it to the downside- it's not invalidated.
We can also see the RSI bullish divergence on Daily timeframe. That is a powerful sign that often indicates strong move to the upside.
We can also see the RSI bullish divergence on Daily timeframe. That is a powerful sign that often indicates strong move to the upside.
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.