The sell volume on FTMUSD is declining, and the RSI and AO are tapering towards neutral. If they continue to turn, with sell pressure declining, it could signal an upswing. I'm concerned that it won't be a long term return to uptrend, due to this multi-month wedge in play. I'd treat any swing as temporary especially if Bitcoin doesn't return to strength.
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.