Looks like the Fed correction is going to be short lived, we have multiple early reversal signals, we will keep it simple.
Higher low today vs 2-Mar.
Higher low candle ends in a Doji, green.
Another Doji with a perfect -8, -9 TD seq.
RSI went to extremely weak recently. When this happens 1h Bitcoin rebounds.
Low bear volume.
Moving above EMA10.
These are early signals that support a reversal from the current price.
These signals are invalidated if BTCUSD closes 1h below $21,900.
✔️ Any trading above $22,222 and Bitcoin continues within a very strong bullish bias. ✔️ Trading above $20,000 is also quite bullish in the higher timeframes.
All retraces and corrections can be used as buy opportunity in anticipation of the next bullish wave.
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