BTC bounced from the support and is currently holding the support. As per my last chart, BTC printed a lower low whereas RSI was printing a higher low giving us a bullish divergence. The reason why we bounced from there.
What's next? BTC is likely to flip the 39K level (the blue MA) and break to the upside. I am bullish now and long from $37670 Sl below the red line.
INVALIDATION:- Break and close below Do hit the like button if you like my updates and share your views in the comment section.
Than you
#PEACE
交易开始
BTC Quick Update:- BTC needs to break above that trendline which seems likely here keeping in mind the 37k holds. Still bullish and I am long around the CMP with Stop loss below the red line. Like and RT if you agree!
交易开始
The chart is still valid and perfectly on track! Expect altcoins to move with BTC. Needs to break and close above the pattern ASAP in order to trigger the rally.