2026-03-03 18:36:50

$BTC 1Hr Chart + Indicators suggest that the bullish momentum is near

In the top image, we can see that the pink downtrend has been broken to the upside.
Additionally, the price movement has retested the 200-hour moving average in an upward direction.
Below, in the yellow circle, we can see the Relative Strength Index (RSI) in the bullish zone above 50 at 57. 👍
The green circle is the MACD indicator, and it appears to be ready to move upward.
The MACD indicator is at level 0, indicating a decrease in selling pressure and readiness to break into the bullish zone above 0.
The pink circle on the Stochastic RSI indicator shows increased momentum toward the overbought area.
Yes, the overbought area of the Stochastic RSI indicator is above 70, where we can see large and rapid movements. Reversals can also be observed in this zone.
The Stochastic RSI indicator is very useful, especially when used with these other indicators.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

BTC-2,87%

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ox_Alan

2026-03-03 18:27:44

$BTC 1Hr Chart + Indicators Say Bullish Momentum Is Near
In the top of the picture we can see that the pink downtrend has been broken to the upside.
Price action has also bullishly retested the 1hr 200MA.
Below in the yellow circle we can see the RSI in the bullish zone above 50 at 57. 👍
The green circle is the MACD it is looking ready to make a bullish move to the upside.
The MACD is right at 0 showing fading selling pressure ready to breakout into the bullish territory above 0.
The pink circle is on the stochastic RSI showing increasing momentum into the overbought range.
Yes the overbought, range of the stochastic RSI is above 70 this is also where we can see come quick big moves. In this range we can also spot reversals.
The Stochastic RSI is very useful especially in conjunction with these other indicators.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

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