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Grayscale bitcoin ( $GBTC 1D) still bullish ?
Atualizado
A lot can be said from the chart but this is just an update. Made a Thursday, not the most important trading day of the week.
Friday will guide weekly close.
Stochastic print a slight bullish div + crossing up from the lower region.
RSI making a reversal patern should now trend upward.
weekly close still at play.
cutesy reversing diamond. Lower timeframe should give a better view of what happen that lead to the trend change but I won't get into it here.
Daily close above the 200-day EMA. (blue one)
To me all of this is bullish short term.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on Tradingview
Disclaimer: This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
Friday will guide weekly close.
Stochastic print a slight bullish div + crossing up from the lower region.
RSI making a reversal patern should now trend upward.
weekly close still at play.
cutesy reversing diamond. Lower timeframe should give a better view of what happen that lead to the trend change but I won't get into it here.
Daily close above the 200-day EMA. (blue one)
To me all of this is bullish short term.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on Tradingview
Disclaimer: This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
Nota
Bitcoin is a headache. One day I'm targeting 20K, 4k the next...I 'm bullish on this chart but one things is always bothering me and that is The 2019 gap at 5.0266.
Now with the H&S that I drew there is a clear pattern that can lead us there but it is only valid after a break below the neckline.
At least we have a clear invalidating point of this bearish omen. if the price close above the right shoulder that is 11.1233
Trade fechado: objetivo atingido
the gap is closed, now we will see what bitcoin is made of
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