Bitcoin Bullish Weekly Chart
1 - BTC is breaking the RSI downtrend.
2 - BTC almost breaking 900 days downtrend (129 weeks).
3 - 9x green candles vs 2x red candles in the past 70 days (11 weeks) - extreme bullish.
4 - MACD going up.
5 - STOCH RSI going up.
6 - Weekly candle above U$10.500 confirm trend reversal.
2 - BTC almost breaking 900 days downtrend (129 weeks).
3 - 9x green candles vs 2x red candles in the past 70 days (11 weeks) - extreme bullish.
4 - MACD going up.
5 - STOCH RSI going up.
6 - Weekly candle above U$10.500 confirm trend reversal.
Note
BTC breakout the pennant and touched the resistance (red line)!Note
Hard to break 910 days downtrend (red line).Weekly candle above the red line = trend reversal
Trade closed: target reached
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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.