Bullish Analysis on Bitcoin price move
As seen on the chart, I have combined my monthly (45k mark), weekly (Red Background area) & Daily (Trendline) analysis on the shared chart.
The chart in question is a 4h TF.
As seen, price has broken above the trendline and a retest is in progress.
This shows that a bullish move is imminent in the coming week.
Note: price is trailing above the 100 EMA at the moment and this confirms my bias.
The chart in question is a 4h TF.
As seen, price has broken above the trendline and a retest is in progress.
This shows that a bullish move is imminent in the coming week.
Note: price is trailing above the 100 EMA at the moment and this confirms my bias.
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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.
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.