A local bottom for BTC is in.
We just had an impulsive move up from 53.200 to 55.200
+ oscillators are showing bullish divergences on the 4h
+ MACD 4h just turned bullish
+ December is more often than not bullish
+ A lot of fear in the market.
A relief rally to 59.460 up to 63.233 is highly probable.
We just had an impulsive move up from 53.200 to 55.200
+ oscillators are showing bullish divergences on the 4h
+ MACD 4h just turned bullish
+ December is more often than not bullish
+ A lot of fear in the market.
A relief rally to 59.460 up to 63.233 is highly probable.
Trade active:
After the impulsive move up, we are forming a bullish flag.
More upside soon is very likely.
If we actually break to the upside, we have a new higher low and are starting to form a new (short term) bullish trend.
More upside soon is very likely.
If we actually break to the upside, we have a new higher low and are starting to form a new (short term) bullish trend.