Bitcoin close to get bulish
Hello people, this hours now are exciting. Looking at the 1-day chart of BTC we are coming close to the 61.8% retracement mark as you can see in my chart.
This mark is really important because under this point it is typicall for an downtrend and when we cross it above it is a bullish sign.
Also the MACD on the 1-day chart is looking to form a bullish cross.
There is the 200-day EMA above us, when we break it BTC is likely to make bullish moves.
Volume is coming up ( more then the last weeks especially before the bearish move )
For people who arent in BTC i would buy at this moment!
Good luck with your trades
This mark is really important because under this point it is typicall for an downtrend and when we cross it above it is a bullish sign.
Also the MACD on the 1-day chart is looking to form a bullish cross.
There is the 200-day EMA above us, when we break it BTC is likely to make bullish moves.
Volume is coming up ( more then the last weeks especially before the bearish move )
For people who arent in BTC i would buy at this moment!
Good luck with your trades
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.