BTC Update
As expected, the price continued its upward movement by hitting the Fibonacci golden zone and forming a hidden divergence in the RSI. The candle that hit the golden zone is a pin bar candle and this week's candle is the confirmation candle of that pin bar candle. So we have to wait for the closing of the weekly candle, and if the candle closes in the form of a momentum candle, it can be said that the price is still interested in moving up.
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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.