Hi guys, Please take a look at my chart. It's pretty basic and let me know how I can improve it. I'm looking to see if Bitcoin can have one last move higher to the mid 50s to complete its "dead-cat bounce scenario." RSI is too oversold and we have majors supports in the 46.5k region. 200 SMA is around the .50 Fibonacci. Thanks.
Hi traders, Bitcoin is starting to form a bullish divergence on the daily RSI. This is what we look for prior to a potential reversal. MACD is showing signs of reversal. Bitcoin is starting its move out from the descending triangle it's in. In the 2017 Bull Run Cycle Thanksgiving day was VERY Bullish. Thank you, leave a like.
