Bitcoin Weekly Chart Analysis

in #bitcoin6 years ago

BITCOIN WEEK CHART ON TRADINGVIEW.png

Bitcoin weekly chart on tradingview.com

The weekly chart looks very nice for Bitcoin and it shows great potential for upward movement.

Look at the indicators, we get following signals

  • DMI becomes bullish but ADX line still falls.
  • RSI confirms the price reversal
  • MACD confirms the upward movement
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