BTC.D is in an ascending channel. This trend is your enemy until this structure breaks down below the channel. Meanwhile, it could potentially head to the midline and the top of the channel. The weekly RSI set to 50 is still not bullish for BTC.D imo. Once the weekly RSI raises above the SMA trend line then it will be very scary for the s***t coins.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.