Looks like we are showing a little bullish divergence with the RSI.
Volume and price have been trending downward but the Daily RSI has been climbing up. Bullish divergence like this has always been a good indication of a reversal point. Just something to keep and eye on as we keep fighting the top of this descending wedge.
Comment what do you think will be Bitcoins next move!
Volume and price have been trending downward but the Daily RSI has been climbing up. Bullish divergence like this has always been a good indication of a reversal point. Just something to keep and eye on as we keep fighting the top of this descending wedge.
Comment what do you think will be Bitcoins next move!