When to buy Bitcoin? Bull Rally - new run.๐Ÿ’Ž

#BTC global update

โ–ช๏ธI drew a parabolic pattern on BTC to show when to buy and when to sell. On the chart, you can see both uptrends and downtrends (bear/bullish). At the moment we are trading in the bear trend and buying now would not be the best idea.

โ–ช๏ธWhat do indicators tell us?

๐Ÿ’กMoving Average EMA 200 - look out for the orange line when the price is trading lower, this is a buy signal.

๐Ÿ’กRelative Strength Index (RSI) - is oversold at a record high, giving a buy signal.

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Bitcoin (Cryptocurrency)BTCbtclongBTCUSDbtcusdlongbtcusdshortBTCUSDTcryptoCryptocurrencyHarmonic PatternsTechnical IndicatorsTrend Analysis

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