We might finally have confirmation that the price of BTC to USD will go up. We just have to be sure that it breaks that resistance line. Before I am fully convinced. The 50 MA and the 100 MA are touching so show a trend change confirmation. Also, we have the MACD touching the 0 line to confirm it's moving in the direction we want it to go.
On the final confirmation, I would take that buy-in. In my opinion, you should too.
Honestly I am more satisfied with that result that if I had been correct. That's why you always want to wait for the final confirmation. Now we can buy BTC at $5,000 each before it really starts picking.
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.