Previous move from XBT/USD-Bitmex is recovering from downward momentum to continue after local profit levels were taken in previous longs.
Divergence forming as buying volume is outweighed by the value of the coin based on previous closing averages.
Looking for a short-term retracement to 7800~ USD or bottom of previous move, potentially failing that level.
Divergence forming as buying volume is outweighed by the value of the coin based on previous closing averages.
Looking for a short-term retracement to 7800~ USD or bottom of previous move, potentially failing that level.