Rebound from February Bottom on MACD Divergence and low RSI
Updated
Hi all,
If not for the attachement to BTC, this would be the bottom of our chart and we would have strong reversal from here on.
- A Divergence on the MACD, both on 1h and 4h
- A falling wedge
- A low RSI tending to Oversold
- same Divergence can be seen on the 1h BTC chart
I have to put a long call here, at least for the short term, expecting also XRPBTC to Rise.
We'll see how she rolls.
Good luck
If not for the attachement to BTC, this would be the bottom of our chart and we would have strong reversal from here on.
- A Divergence on the MACD, both on 1h and 4h
- A falling wedge
- A low RSI tending to Oversold
- same Divergence can be seen on the 1h BTC chart
I have to put a long call here, at least for the short term, expecting also XRPBTC to Rise.
We'll see how she rolls.
Good luck
Note
We broke the channel to the upside Sunday evening.Let's see how she behaves during G20.
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