DLC/BTC: Testing lower support before bull run
Having tested the lowest fib support twice, indicators show we can expect it to fall once more before possibly starting another bull run. Notice how the RSI is undecided, while the MACD has reached a global minimum and shows signs of crossing over. Large volume shows this is an accumulation phase. Likely to create a triple bottom.
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Disclaimer
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.