Weekly Review Of Bitcoin:
On this time we are all waiting for the last bottom on the bear cycle,
Getting out of emotions, the market has a perfect indicator tool kit to understand with psico-social parameters her own sustainability.
The weekly candle analysis have the most powerfull inidcators for the Macro Movements;
(logarithmic scale)
- The 50/200 MA is showing us a posible final botton around the actuall price.
- The pattern of the macro movements may be designing a extended and bullish flag.
- RSI is finding a bottom.
...
For a reversal trend we need:
- High Volume Bullish Movements, but not to much volatility in acumulation zones.
- News and Advices.
- Recover hope on subvalued zones on Bitcoin.
On this time we are all waiting for the last bottom on the bear cycle,
Getting out of emotions, the market has a perfect indicator tool kit to understand with psico-social parameters her own sustainability.
The weekly candle analysis have the most powerfull inidcators for the Macro Movements;
(logarithmic scale)
- The 50/200 MA is showing us a posible final botton around the actuall price.
- The pattern of the macro movements may be designing a extended and bullish flag.
- RSI is finding a bottom.
...
For a reversal trend we need:
- High Volume Bullish Movements, but not to much volatility in acumulation zones.
- News and Advices.
- Recover hope on subvalued zones on Bitcoin.
