Hi all,
BTC price touches 9 WEMA since June.
RSI is also rejected.
StochRSI started the week above 20 level which is bullish for weekly timeframe but not 100%, we need more confluence.
MACD is looking like is preparing for cross since the fakeout from April.
The volume is rising and forming a base around $20k for a few months can be bulish for long term and increase the chances to mark a bottom and restart the bullrun.
BTC price touches 9 WEMA since June.
RSI is also rejected.
StochRSI started the week above 20 level which is bullish for weekly timeframe but not 100%, we need more confluence.
MACD is looking like is preparing for cross since the fakeout from April.
The volume is rising and forming a base around $20k for a few months can be bulish for long term and increase the chances to mark a bottom and restart the bullrun.
