nab123

nab123

When in doubt, zoom out. Bitcoin hasn't tested the 21 weekly EMA after breaking above it earlier this year. Maybe it's time. Notice that everytime the 21 EMA got tested, it happend right after a peak on the RSI? And notice how bitcoin recently made a peak on the RSI again? I think it's safe to say we're in a bull market as long as we stay above this EMA, and...

nab123

Larger pattern puts bitcoin in a Descending channel after a big run up towards $14k As bitcoin is moving through the channel we can see a horizontal support/resistance box around $10,9k - $11,1k. After breaking out of this box a week ago, we touched the upper resistance of the channel and a new pattern started to form within the channel. As of now it looks like...