SAWMASTER9000

Bear Trend Has Ended, But That Doesn't Mean Bull Trend!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
ADX has crossed below 25, indicating no or weak trend. Supertrend has stagnated. MACD has a low magnitude (not very high in positive or negative direction). These are signs that the current bear trend has ended...for now. While it's possible that the bulls may take over again, it's just as likely for the bears to start another, new bear trend. Happy trading!
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