Bitcoin has retraced significantly after the recent spike and has been majorly over-sold. The RSI sits at a critical level and the CAMA shows an extreme divergence against the crypto-index. This is the perfect combination for a safe, long entry.
While I am unsure as the extent of this rally, it could break well above the $7000 mark and officially end the bear market.
While I am unsure as the extent of this rally, it could break well above the $7000 mark and officially end the bear market.
Kommentar:
Next leg up incoming.
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
www.kenzing.com
www.kenzing.com
