The 4h chart shows and oversold market, RSI crossed but the MACD indicator is still pointing downwards. The dip closed inside of the Bollinger Bands and the breakout closed above. We are currently heading towards the bullish trendline, maybe influenced by the BTC-Amazon-Story.
Daily chart shows that the MACD indicator is crossing for the first time after the major correction. The volume stopped decreasing and is now remaining stable.
Wait for a clear bounce or buy in early for max. Profit.
Good buy signals would be a clear bounce with a crossing MACD indicator.
Wait for a clear bounce or buy in early for max. Profit.
Good buy signals would be a clear bounce with a crossing MACD indicator.
Comment:
Touched again support line, dont buy in till you can see a strong bounce, otherwise we will go down further