🔥ATTENTION🔥
🚀These DATA and INDICATORS are indicating a BULLISH OUTLOOK for #Bitcoin and #Cryptocurrencies
How is the situation of $BTC ⁉️
🔸 $BTC had a BREAKOUT to the UPSIDE of its trend line accompanied by a BUY signal on the MAC D
🔸The last time the 3D MAC D gave a buy signal BTC went from $50K to +100K
🔸At the same time, BTC just CONFIRMED its breakout to the upside of the "head and shoulders" pattern on the MONTHLY timeframe
🔸Being on the MONTHLY timeframe gives it SIGNIFICANTLY GREATER weight
How is the SITUATION of #Ethereum
🔹Currently, the MONTHLY RSI of $ETH is at a level of OVERSOLD never seen before
🔹The last 2 times it reached similar levels were at MARKET BOTTOMS
🔹At the same time, the best buying opportunities for $ETH historically occurred when the price falls below the lower MVRV price band
🔹Currently, the price is below these bands
👉If Bitcoin and #Ethereum respect the TECHNICAL ANALYSIS we should soon be seeing PRICE INCREASES
