Bitcoin is back to the downtrend line for another show fo strength (or weakness). It has tested this line many times and failed miserably to break in the last six months?
Is time for a breakout?
It has a (temporary) candle above the 200-MA, which is good - but not enough.
Bitcoin showing strength around 200 EMA. Halfway to a breakout either at 10,500 (my bet - BAKTT is on the door) or 10,100. MACD presented a positive crossing and STOCH is up. Waiting a big volume in negotiations to define a direction from here.
O BTC/USDT (Binance) está apresentando força no gráfico diário. Depois de rompimento no gráfico de 4 horas (apresentado ontem, setup de sucesso - compra), o BTC apresentou força próxima a média móvel de 100 períodos. Depois de um longo período, o MACD voltou a apresentar setup de compra. Além disso, verificamos uma agulhada de DIDI (compra) no gráfico...
A decisive moment for BTC/USDT in the 4-hour chart. It is close to the resistance trend line in the short term. Also, it faced a brief uptrend until mid-August and since then engaged in a downtrend with false breakout around August 20th. It may test resistance around 10k (both moving averages and black trend line). MACD looks bullish right now.
15 min and 1 hours...