Bitcoin- Engulfing bar, Bull Flag and H&S
In the 4 hour chart, above, we can see a clear Bull flag breaking bullish to complete a Head & Shoulders pattern that projects a rally to 36.6k. The 4hr 20MA crossing above the 4hr 50MA, and a break above resistance in the RSI.
In the daily chart, below, we can see a bullish engulfing bar signaling a turn around, a rally above the 20MA and a breakout of the declining channel. On top of that we can see a bullish cross of the MACD.
Does all that equal a bullish trend reversal?
In the daily chart, below, we can see a bullish engulfing bar signaling a turn around, a rally above the 20MA and a breakout of the declining channel. On top of that we can see a bullish cross of the MACD.
Does all that equal a bullish trend reversal?
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.