Could this be a local BTC bottom?

I am entering BTC again here. We can see that this 50% fib has held up really well and BTC just hasn't been able to crack it to the downside.

We can notice MACD turning to the upside on the DAILY. RSI coming off an oversold bottom and coming up, as well as an inverse head and shoulders pattern. Good enough for me to buy in.

Cheers,
-Sherem

評論:

We have breached the main resistance, more upside incoming -