TheCryptoMonkey

Downward Channel - EMA Crossover

BITFINEX:BTCUSD   Bitcoin
- We have crossed over the EMA which
is a bullish signal.
- Our next move is to break out
of the downward channel forming from May 5th
in a positive direction.
- Low volume - possibility to stay in the channel longer
- RSI is trending upwards
- MACD Opening Up

Disclaimer

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.