We had a strong move just a few days ago and a retrace took place.
We are now seeing a (in black) that has been broken and BTCUSD moving above EMA100 and MA200.
Chart Signals & Indicators
- The is still low and needed for confirmation.
- We need a strong close on the 4H candle for additional action.
- The is strong/ above 50.
- While the is starting to curve and the histogram going in favor of the bulls.
Do you think this is it?
Will Bitcoin grow this time around or will it retrace further?
Share your thoughts with us in the comments section below.
This is Alan Masters.
Thanks a lot for reading.
Feel free to leave a comment if you have any questions or there is a chart/pair you want me to look at.
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