Bitcoin has been ranging since the end of April. On the 4 hour chart, GoNoGo Trend has flagged a “Go” suggesting that it may try to test the higher end of the range soon.
The GoNoGo Oscillator shows increasing positive momentum and it is crossed above zero serval bars ago.
If this leads to continued price strength, look for 10000 to be tested once again. 10,000 has been strong resistance and a break of that is needed for the long term daily “Go” trend to continue.
The GoNoGo Oscillator shows increasing positive momentum and it is crossed above zero serval bars ago.
If this leads to continued price strength, look for 10000 to be tested once again. 10,000 has been strong resistance and a break of that is needed for the long term daily “Go” trend to continue.
