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Magic_Wike
May 7, 2021 1:24 PM

BEPRO ready for reversal vs BTC? Long

BEPRO Network / BitcoinKuCoin

Description

I hold BEPRO, so take this with a grain of salt...I'm looking for bullish setups

BEPRO has been in a tight downtrend for a while since hitting .02 ATH, hit support in mid April, and has been trading mostly sideways since. Dipped below 21MA recently. Possible bullish divergence developing on the RSI. I'm expecting to see a few more days of accumulation and then a move out of the downtrend to test previous resistance

The alt market will dictate what this does. Do we start seeing some of the capital from the large caps move downward over the next few weeks? This will play a big factor in what all the alts do.
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