Bitcoin - Support Alert But The MACD Is Bullish

Chart Pattern: Descending Broadening Wedge

Bitcoin currently at the support trend line and had created a new lower low but the MACD has no even come close to the 1053 level which means this could possibly create a bullish divergence against the price action.

Stoch RSI: Oversold Conditions

UPT:
1. $61K (Base of the wedge)
2. $62,355

DPT: $48,825

Price action is KING!

View my previous post:

More power to all your trades, my friends!

Ron
Intrepid_Trader

Комментарий:

4 Hour Chart:
MACD continues to be BULLISH at 915