Although price action is currently testing the upper line from the flag formation acting a resistance for the price compression, we could be in the proximity of a new bullish bias for the father of all cryptos.
The spotted hidden divergence for a trend continuation together with MACD about to form a cross-buy signal with a clear diminishing bearish bias, along with an RSI in the land of no man as support of this possible uptrend that hopefully would bring the bitcoin back to the 10,000 handle with none effort, after breaking the consolidation structure.
The spotted hidden divergence for a trend continuation together with MACD about to form a cross-buy signal with a clear diminishing bearish bias, along with an RSI in the land of no man as support of this possible uptrend that hopefully would bring the bitcoin back to the 10,000 handle with none effort, after breaking the consolidation structure.
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
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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.