This is not a financial advice or something like that at all.
Chart says all.
Looking bad, but it could be the new start of the next cycle.
Bottom to bottom Fibonacchi channel shows that BTCUSD is stuck at its 0 line.
Anyway before we cheer loudly for the bullish market, BTCUSD must breakout its long-term Fib 0 first.
NVT shows obvious hidden bearish divergence.
CMF is still staying in the bear 's forest.
Take your own guess and make some money.
Good luck.
Chart says all.
Looking bad, but it could be the new start of the next cycle.
Bottom to bottom Fibonacchi channel shows that BTCUSD is stuck at its 0 line.
Anyway before we cheer loudly for the bullish market, BTCUSD must breakout its long-term Fib 0 first.
NVT shows obvious hidden bearish divergence.
CMF is still staying in the bear 's forest.
Take your own guess and make some money.
Good luck.
Note
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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.
Related publications
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.