allkrystals

Bullish divergence

allkrystals Updated   
BINANCE:IOSTBTC   IOST / Bitcoin
4H Chart
Possibility for another bounce.
Bullish divergence on RSI . Golden cross on the way.

Watch bottom line of uptrend channel , watch BTC move before enter.

This idea is only for educative purposes.
Comment:

Even though there is still possibility for another bounce on 4H/1H chart there is huge dead cross on 1D MACD and IOST looks oversold on MACD.
Watch the bottom line of trend channel, it can be pinched soon and change to downtrend.

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