1. Strong support from bottom, but decreasing volume
2. Cloud support, broke out from red cloud (4H+), supported by cloud (2H)
3. Possible MACD bearish cross, and bearish divergence
4. Bollinger band Expanding (4H+)
5. Slowly increasing RSI (2H+),
6. Potentially decreasing stochastic
Possible small downtrend to strong support level @ ~490sat before a prolonged uptrend within wedge . Decreasing volume , MACD bearish diveregence, and bollinger expansion are strong signs of a downward move, but gradually increasing RSI and cloud support could limit the downward move. BINANCE:NCASHBTC 0.91%
Watch for breakouts above upper trend line , buy only with strong volume . Otherwise, buy within support range.
* (4H-) means anything on the 4 Hour or lower (4H, 3H, 30min, etc.) time frame.
2. Cloud support, broke out from red cloud (4H+), supported by cloud (2H)
3. Possible MACD bearish cross, and bearish divergence
4. Bollinger band Expanding (4H+)
5. Slowly increasing RSI (2H+),
6. Potentially decreasing stochastic
Possible small downtrend to strong support level @ ~490sat before a prolonged uptrend within wedge . Decreasing volume , MACD bearish diveregence, and bollinger expansion are strong signs of a downward move, but gradually increasing RSI and cloud support could limit the downward move. BINANCE:NCASHBTC 0.91%
Watch for breakouts above upper trend line , buy only with strong volume . Otherwise, buy within support range.
* (4H-) means anything on the 4 Hour or lower (4H, 3H, 30min, etc.) time frame.