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MDA/BTC TA Update (Bullish Pattern Confirmed?)
MDA/BTC
MDA broke bullish of this descending channel and the price manages to hold the 200 Day MA too. This signals strong buying present at these levels.
The price is a bit extended and also the RSI is touching the overbought condition. I won't be surprised if MDA pullbacks to retest old resistance turning into new support to continue higher.
MDA broke bullish of this descending channel and the price manages to hold the 200 Day MA too. This signals strong buying present at these levels.
The price is a bit extended and also the RSI is touching the overbought condition. I won't be surprised if MDA pullbacks to retest old resistance turning into new support to continue higher.
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