Price of Bitcoin still going up, trying to make another swig high.
⚠ Looking at key Moving Averages (100x200) we can see price going above both MAs, but moving averages crossed in bearish order.
🟡 While price action compressing in Wedge shape, looking for breakout in support regions.
💚 Bullish note that price broke resistance line on Log scale too, this probably a good sign.
Best regards
Artem Shevelev
⚠ Looking at key Moving Averages (100x200) we can see price going above both MAs, but moving averages crossed in bearish order.
🟡 While price action compressing in Wedge shape, looking for breakout in support regions.
💚 Bullish note that price broke resistance line on Log scale too, this probably a good sign.
Best regards
Artem Shevelev
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.