BitcoinLong
Bitcoin - short term trendline break looms
4 hr chart trendline break possible soon. We just got a bullish ParSar flip combined with a Fisher Transform bullish crossover and the MACD is right at the zero line. However we are in a solid sideways consolidation channel so the signals don't hold the weight they usually do in confirmed up or down trends. If the trendine breaks on decent volume look for a run to next resistance at the top of the channel around 12475.
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.