BTCUSDThe price has been keeping above the bollinger band basis, and if the price keeps above the current 24 DMA support line, the upward trend will continue to attempt previous highs.
Note
The key level for upward transition is 24 DMA. Daily close price has to be in a near value to it. If not, we may enter a consolidation period for some days as the bollinger band has narrowed its width.
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.