After the bullish break-out of the crude inverse head-and-shoulders pattern (suggesting momentum reversal) as well as the 200 weekly SMA (thick orange line) in March, following a retest of the 200 weekly SMA, BTC appears to have returned to a long-term bullish trend.
Important levels to consider next are the dotted horizontal red-lines as indicated on the chart.
Important levels to consider next are the dotted horizontal red-lines as indicated on the chart.
Note
The FG{50/15} indicator on the mthly chart have turned green again.Continued from:
Note
Weekly Chart Zoomed out 1:Weekly Chart Zoomed out 2:
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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.