There is a dance-off between the bears and bulls and we are sitting at critical support.
A break below the major support will follow a strong momentum towards the downside on lower levels.
On the other hand, potentially upside swing trades could take place here, assuming that resistance levels turn to support ones. With an overall downward market trend though,...
At this stage there are a couple of hints pointing towards a further decline in BTC price.
1) RSI Divergence
2) MACD cross
If we break through the first support level from December 2021 we are bound to see a further decrease in the price.
In today's trading session BTC failed to rally along with other risk-on assets. This is and should be a major concern for...
Hello folks! So a lot of talk has been made with regards to BTC direction and as the charts speak.. the signals are mixed.
Looking at the 1-day chart we can make the following conclusions:
1) Based on the MACD indicator crossover (good for medium-trends) we have a bullish signal indicating potential upside.
2) Current price is sitting right on top of the...
