BTC is still in a descending flag. For the 3rd time it rebounded on the lower band of the flag.
RSI and MACD are showing positive divergence with higher lows while BTC has printed a lower low.
Moreover, there was a significant increase in volume on the rebound which is positive.
This could give some impulse and it will probably trade higher to test the resistances.
Legal Disclaimer: I am not a financial advisor. This article is only meant for use as informative or entertainment purposes. It is not a recommendation to buy or sell anything.
👍good information, thank you...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 33.96 % upvote from @voterunner thanks to: @gailus. BIG NEWS: Build your passive income with daily payouts from @voterunner! Read more about earning SBD with me. Daily. The easy way!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 88.64% upvote from @bearwards courtesy of @gailus!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 39.57% upvote from @nado.bot courtesy of @gailus!
Send at least 0.1 SBD to participate in bid and get upvote of 0%-100% with full voting power.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit