Green line: 50 EMA.
Blue line: 200 EMA.
Descending wedge which can turn bullish but the triple bottom and small wedge give me hope €4.6k is the absolute bottom. Still everything can happen so it's important to check the volume during breakout. The 50 EMA will probably push Bitcoin down even more.
Blue line: 200 EMA.
Descending wedge which can turn bullish but the triple bottom and small wedge give me hope €4.6k is the absolute bottom. Still everything can happen so it's important to check the volume during breakout. The 50 EMA will probably push Bitcoin down even more.