BitcoinLong
Confirmation of Bullish cycle
On the 4hr BTC/USD I see signs of a confirmed bullish cycle.
There was only a small pull back after testing the resistance line, it bounced off the Tenkan-sen at the top of the Kumo (cloud), and then has 5 consecutive bullish candles that break through the resistance line.
We also then have the Tenkan-sen crossing the Kijun-sen.
There was only a small pull back after testing the resistance line, it bounced off the Tenkan-sen at the top of the Kumo (cloud), and then has 5 consecutive bullish candles that break through the resistance line.
We also then have the Tenkan-sen crossing the Kijun-sen.
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.
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.