The King is back roaring hard!!!#Bitcoin (W)
Bullish Megaphone Pattern on $BTC.
Is CRYPTOCAP:BTC on the way to new ATH's?
- Stoch RSI also crosses bullish again and enters the blue area.
- EMA21 corsses MA50 earlier this year which has been moving in a strong manner.
- Three major bullish candles already formed since only Jan of this year.
- Even though it might not be as accurate it is on the daily chart the Ichimoku cloud is serving as a strong resistance right now and breaking out of it will be another major bull sign.
- MACD seems having a little bit rest but it is once again reviving towards North.
- Andrew's Pitchfork is acting as a very strong support line as it can be seen the current candle formation and its reversal bullish move.
- Parabolic SAR turned bullish on the current weekly candle formation.
I will be updating and sharing more snapshots of the market and stay tuned for more. For now I am even more super bullish than ever for the mid and longer term hodling opportunity. And I do believe that there won't be any chance to grab Bitcoin at $10K after this.
Send it, please.
Nathnael Biruk.
Founder & CEO at AbaNefso Bulls and CryptoTalk Ethiopia Community.
