Btc/usdt has been bouncing off 100 ema (yellow line) for a while now. The RSI candles are showing bullish signals.
When btc closes below ema 50 and the ichimoku cloud with a bearish cloud forming on the daily, it's almost always bearish. We will have to watch price action once a close above the monthly pivot, to determine if this is just a bull trap.
When btc closes below ema 50 and the ichimoku cloud with a bearish cloud forming on the daily, it's almost always bearish. We will have to watch price action once a close above the monthly pivot, to determine if this is just a bull trap.
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