BTC/SPX
Fist evidances of a breakout?
This chart failed to make a HH & looks like a classical buble chart. HV is very low. A trend changing impulse is iminant. Rsi has bull div & broke out of trendline. Price made a lower low to take liqudity from downside but failed to fallow
If we don't get a close bellow 19.5k there is a high probibility we will go up fast. I like this more than classical BTC chart. Good RR here. Maybe btc is going to be seen as a hedge against inflation? Maybe accumulation is close to being done? Don't rush this is a weekly chart
Fist evidances of a breakout?
This chart failed to make a HH & looks like a classical buble chart. HV is very low. A trend changing impulse is iminant. Rsi has bull div & broke out of trendline. Price made a lower low to take liqudity from downside but failed to fallow
If we don't get a close bellow 19.5k there is a high probibility we will go up fast. I like this more than classical BTC chart. Good RR here. Maybe btc is going to be seen as a hedge against inflation? Maybe accumulation is close to being done? Don't rush this is a weekly chart