Hello friends,
I share my analysis of BTC today in a Positional trading perspective.
Analysis of #BTC125Next? 17:52 hrs GMT-06:00.
I made a chart based on $BTC .
Approach: Positional , considering 1hr, 1day, 1week graphs
A 3D logarithmic chart was made based on the most important resistances and supports on 1 week that were considered at the time of the activity.
A double bottom trend pattern was observed, ideal to enter long. The price is ranging upwards in a channel.
RSI looks good, right now I'd wait a little just to capture a throwback.
Chaikins tells me the tendency is not that strong yet, so I'd be cautious checking daily just to see news 📰 🗞️ or something that can alter 〽️ the price. However, in daily it's strong.
MACD tells me to wait a little before entering just to capture it a lil cheaper, since it's reaching its max.
That was my review, #BTC has a good trend, especially for long 🐂💹📈 now.