Bitcoin has been in a clear downtrend since mid-November making lower lows and lower highs. The downtrend is still not finished.
However, the RSI is showing bullish divergence and we are seeing some form of double bottom forming.
The RSI pattern is similar to what happened during September, with the strong rally that happened in October.
We are waiting for the confirmation of a new uptrend. Outlined in green two levels that need to be conquered by bulls to confirm the downtrend is over. That would be a strong long signal.
However, the RSI is showing bullish divergence and we are seeing some form of double bottom forming.
The RSI pattern is similar to what happened during September, with the strong rally that happened in October.
We are waiting for the confirmation of a new uptrend. Outlined in green two levels that need to be conquered by bulls to confirm the downtrend is over. That would be a strong long signal.
We are redefining signal groups with AI generated signals. Our bot scans the top 3000 coins/tokens by market capitalization alerting you to the strongest trends.
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DM us for more information about the bot and our services.
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We are redefining signal groups with AI generated signals. Our bot scans the top 3000 coins/tokens by market capitalization alerting you to the strongest trends.
DM us for more information about the bot and our services.
DM us for more information about the bot and our services.
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。