From yesterdays post that it was a crucial moment for bitcoin it seems that the old support was strong enough and we got a good bounce back. I will watch for a trend reversal when the RSI and OBV will break the line and we close above the 200 day SMA. Meanwhile everything looks cheap so its buying time
Wait wait wait. Closing above the SMA doesn't mean an uptrend, a clean break above the downward trendline that's been happening all year means an uptrend.
Cryptogodfath3r
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@jlgriffiths, I get what you are saying, but I meant if you put all those together it probably means that the downtrend has ended