Yesterday, BKXBTC (Bankex) challenged EMA10 on increasing volume and peaked at 26 satoshis... At the same time, bullish divergence is being printed on both MACD and RSI... This is a friendly reminder that BKXBTC is getting ready to move.
A new low was also hit yesterday which makes things easy for trading.
- You can set a stop loss at 20 satoshis... Any close weekly below 20 satoshis and we look bearish. + If prices for BKXBTC can conquer 23 satoshis (0.00000023), move and close above this level on the daily timeframe, then we are very likely to see Bankex moving higher.
The 3 simple signals for Bankex are as follow
1) Increasing volume. 2) Bullish divergence. 3) EMA10 challenged after a new low hit.
This can tell us that new action is about to start soon.
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