bitcoin is showing two confirmed higher lows and a strong bullish pattern via the 55,100,and 200 moving averages.
You see the last higher low was a correction to the 55. Everyone is waiting for a steeper correction which is understandable but it will not correct any where lower than the 200 SMA with this, buyers might even step in at 100 EMA if it breaks through the 55 EMA.
As for right now we waiting for a pump. After another correction this market is about to get crazy.
You see the last higher low was a correction to the 55. Everyone is waiting for a steeper correction which is understandable but it will not correct any where lower than the 200 SMA with this, buyers might even step in at 100 EMA if it breaks through the 55 EMA.
As for right now we waiting for a pump. After another correction this market is about to get crazy.
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.