AlanSantana

Bitcoin Consolidation Leaning Towards The Bulls - 3 Pattern Sign

做多
BITSTAMP:BTCUSD   比特币
We know we are at a crossroad and everybody is wondering what the conclusion will be; Bear (red) or Bull (green).

Since the beginning of this year, I am of the view that Bitcoin will break upward giving us a small relief rally or "price bounce" as I call it.
This would push prices up before any additional bear action takes place.

Now, let's look at 3 bullish signals on the 4H timeframe:

1) V Bottom Pattern: This pattern forms at lows or support levels before a reversal.

2) Falling Wedge Pattern: This is the pattern we looked at yesterday, today we have a bullish breakout confirmation.

3) We have a strong bullish candle currently that pushed the RSI above 50 with prices closing above EMA10 and EMA21.

These are just three... We will look at it closer on the 1H timeframe next.

Thank you for reading.

Namaste.

🔥 New Ultra-Low Prices: Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)

🔝 9,999+ Altcoins & Bitcoin Charts!
t.me/alansantana1111

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。