Bitcoin Daily Chart :-
1.Bitcoin has held onto our zone of major support once again and is now heading higher.We will be facing certain medium term resistances at the moving averages and we could see a slight downtick in the short term while we face such headwinds.Keep in mind the RSI Trendline below in Black has broken out the first time Since 4th March which is a MAJOR POSITIVE.
2. Volumes are still lacking and till we dont see a major move upwards in the volume bar no green candle is a confirmation of a bull trend until then.
3. A retest back down to the black downtrendline on the RSI below will be a great time to add up on some
BTC.
1.Bitcoin has held onto our zone of major support once again and is now heading higher.We will be facing certain medium term resistances at the moving averages and we could see a slight downtick in the short term while we face such headwinds.Keep in mind the RSI Trendline below in Black has broken out the first time Since 4th March which is a MAJOR POSITIVE.
2. Volumes are still lacking and till we dont see a major move upwards in the volume bar no green candle is a confirmation of a bull trend until then.
3. A retest back down to the black downtrendline on the RSI below will be a great time to add up on some
BTC.
