Prior to halving, technicals still suggest that uptrend in the 2. half of the year started with a 12 hour basis reversal with clear trendlines and price levels.
In order to conclude the bullish bias, I will be looking at the blue line and if it closes below, then I will pause with the bullish view. If it closes below the trendline on a 12H basis, then I will flip my bias and become a seller.
Currently: Cautiously bullish. Trendline must hold.
Good luck..
In order to conclude the bullish bias, I will be looking at the blue line and if it closes below, then I will pause with the bullish view. If it closes below the trendline on a 12H basis, then I will flip my bias and become a seller.
Currently: Cautiously bullish. Trendline must hold.
Good luck..