Bitcoin / TetherUS
Long
Updated

BTCUSDT | 4HR | BTC hit bottom of channel

119
After a massive blood bath BTC has it the bottom of the channel on the 4HR. Are we flipped to bullish yet?

Green candle has formed to show a reversal.

RSI is oversold and curving up

MACD still down trending but it lags behind anyway

Histogram turned from Red to yellow which then turns to green.

Good luck traders!!
Note
BTC fell below the channel but is in an ascending triangle trying to get back on the path.
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.