The sign is clear, a pendant indicates a big change is about to happen, also the ADX (bottom indicator) shows the price is slightly undervalued. The MACD is indicating the price might prepare for a new trend. And what the trendlines also shows is a strong support ... I expect a bounce, and hopefully we'll see a breakout to 60.000$++ new ATH is coming guys! If bitcoin fails, and breaks the support, we might see a big fall... But I'm positive! We are bullish! So much and this is just consolidation before a big breakout!
I'm goin Long! Still a good time to buy in.
I'm goin Long! Still a good time to buy in.
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.
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.