Bitcoin / TetherUSUpdated [Bitcoin] End of bear market (important update)
Finally I think the throwback is not complete so I expect a drop of about 10% to get back on the oblique of the falling wedge.
Reminder of bullish factors:
- double bottom
- end of falling wedge
- breakout completed
- huge bullish divergences
- FIBO retracement 78.6% since march 2020
- increasing volumes since june
- blue pill (Hash Ribbons indicator)
- bottom found (Puell Multiple indicator)
- reversal signal (Network Value to Transactions ratio)
Reminder of bullish factors:
- double bottom
- end of falling wedge
- breakout completed
- huge bullish divergences
- FIBO retracement 78.6% since march 2020
- increasing volumes since june
- blue pill (Hash Ribbons indicator)
- bottom found (Puell Multiple indicator)
- reversal signal (Network Value to Transactions ratio)
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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.