Hi guys, theres always a bull and bear scenario for every chart. Why im leaning more to the bullish chart. This is the daily chart
1. 50 moving average and 100 moving average are about to cross.
2. MACD and signal line about to cross.
3. Volume was at its lowest ever, now followed by a steady increase.
4. Momentum just about to cross the 0 line.
Dont sound the bull horns yet but BTC is looking very good at this point in time. Price needs to be above the 50,100, 200 Moving average to be extremely bullish. Right now is still below even though the 50 and 100 is about to cross. Also you know at any time they can crash the price.
1. 50 moving average and 100 moving average are about to cross.
2. MACD and signal line about to cross.
3. Volume was at its lowest ever, now followed by a steady increase.
4. Momentum just about to cross the 0 line.
Dont sound the bull horns yet but BTC is looking very good at this point in time. Price needs to be above the 50,100, 200 Moving average to be extremely bullish. Right now is still below even though the 50 and 100 is about to cross. Also you know at any time they can crash the price.