Here is what I mean by a "MACD Reset"... This is BTCUSD (Bitcoin) on the 4H timeframe.

The RSI went through similar action printing a higher low and also breaking the downtrend line... It remains above 50 which is good for the bulls:
As for the main chart, we are having 'strong consolidation', prices trading above EMA10, low volume as a continuation signal, and room left available for growth according to the TD Sequential.
There is also strong support just below the current price marked by EMA50 and the Ichimoku Cloud in the case prices drop.
The next targets are mentioned in my previous articles.
Namaste.
- We can clearly see higher highs and higher lows.
- We also have a bullish cross and the histogram going green. That's for the MACD.
The RSI went through similar action printing a higher low and also breaking the downtrend line... It remains above 50 which is good for the bulls:
As for the main chart, we are having 'strong consolidation', prices trading above EMA10, low volume as a continuation signal, and room left available for growth according to the TD Sequential.
There is also strong support just below the current price marked by EMA50 and the Ichimoku Cloud in the case prices drop.
The next targets are mentioned in my previous articles.
Namaste.
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🚨 TOP FREE Trades
ETH +1700% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1700% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Disclaimer
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.