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Bitcoin Update: What the chart is telling us

koko_koala

2022-01-20 (17:47:29)

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BTC currently at the cross roads. * What's the market telling us: * On top we have the Death cross that was formed, yet the bulls still got a grip and manage to stage a push after push towards the 200MA line which once crossed will give us a breakout confirmation and trend reversal.
1D RSI offers us a breakout confirmation Still missing buying volume for a more healthy growth.

MACD trend reversal. Head & Shoulders pattern can be considered completed or still opened to finish paining the right shoulder deeper.

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