you see tenkensen(red line) cross kejensen(blue line).important : tenkensen have shpe V.so in future have a nice trend up.wait.
kejensen is flat.so for a little time have a price down.moving 200 day support the candels in 5496 $ .but the price cross moving 50 day (yellow line) in 8755 so its ressistane for candels.result : for 2 month futures have a up trend .trend line twice touch so candels and reject candels down.if the trend line touch and break we have very glad.now buy btc.
kejensen is flat.so for a little time have a price down.moving 200 day support the candels in 5496 $ .but the price cross moving 50 day (yellow line) in 8755 so its ressistane for candels.result : for 2 month futures have a up trend .trend line twice touch so candels and reject candels down.if the trend line touch and break we have very glad.now buy btc.
Note
we see btc ready for a up trend.candels touch the down trend line.if price in weekly close above this line .... all good.
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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.