the King is Back?

Of course, it's only the beginning of the week, but currently it looks like the mid-term correction in the BTCUSD market is over (fingers crossed ;)

On the daily charts we see some nice bullish reversal signs:
- the divergence between RSI & the price;
- price is returning inside the bullish Ichimoku cloud

Kommentar:

the trend reversal was never easy and it always can fall short
check the 4-hourly chart to see all the obstacles (resistance levels) on the way up