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$BTC 1hr Chart Analysis
A local potential double bottom reversal is in play.
The Stochastic RSI is also showing a possible double bottom with a bullish crossover looking imminent.
A bullish divergence on the RSI.
Fading selling pressure on the MACD. With a potential bullish crossover.
When these crossovers happen just below the bullish area of the indicator and it breaks out above into the bullish zone it can produce some nice moves upwards.
Another false move Monday in the books...
NFA, DYOR ⚠️
#Crypto #Trading #BTC