BTC is currently respecting this descending channel and is currently tackling the 200 daily MA, I wouldn't like to see a drop below it. We have our support zone holding up as well.
>>MACD lines rejected a bullish cross, though the histogram still showing weakening bearish vol.
>>RSI looking bearish
>>Trading Volume also getting lower.
Trading isn't recommended currently. Good buying opportunity for BTC for the long term (1-4 years)
More updates tomorrow...
>>MACD lines rejected a bullish cross, though the histogram still showing weakening bearish vol.
>>RSI looking bearish
>>Trading Volume also getting lower.
Trading isn't recommended currently. Good buying opportunity for BTC for the long term (1-4 years)
More updates tomorrow...