On the daily Bitcoin chart we can spot several bullish signals: - Touch support line of parallel channel - Golden cross 50MA over 200MA - Hidden bullish divergence on RSI Target 1: Psychological resistance @10k Target 2: Long-term resistance line (white) @10.4k
Bitcoin Cash in lower part of the parallel channel, with fibonacci levels acting as support and resistance. Right now price action between 23.6% and 38.2%. I expect growth towards 61.8% level, top of the parallel channel.
I see Hidden Bullish RSI Divergence in 4H chart of BTSUSD, in combination with a Bullish Crossover in MACD. These are 2 bullish signals for me. I expect growth towards resistance at 0.022.
At first, we spot a biiiiig bullish divergence on the RSI. In combination with a double bottom touch made at approx. 8650, it was a sign that Bitcoin was going to go back up again. Now the confirmation is there with the hourly candle closing above the resistance line from the pattern.