iEx - Broke downtrend for now, retest incoming

BITTREX:RLCBTC   iEx.ec / Bitcoin
iEx broke the downtrend-line and bounced after retesting the support at this line.
I expect a retest of upper resistance at the 50% fib retracement level, then a pullback to the lower support line.
  • RSI crossed and showing upwards
  • MACD crossed and showing upwards
  • Volume catched up during the pump
  • market closed inside Bollinder Bands before pump and now seems to close above.

Good entry point is at the retest of the lower support if a clear bounce off can be observed or if it breaks through the downtrend-line.


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