After the price correction the last day it seems WTC/ETH is getting some upward momentum again. MACD histogram and RSI confirm this movement. DMI is recovering and Accumulation/Distribution already flipped to the positive side. This movement should be confirmed when the first candle closes above the 50 and 20 Moving Averages.
Note
If we look at Accumulation/Distribution we can still see that bulls are accumulating. Price bounced from SMA 100.
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.
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.