Where to look for a Bottom?
1. continues trending into the oversold range which indicates strengthening down trend. While in this region, a signal cross forms a buy signal. Then both K and D lines move over 20.
2. A buy signal forms in the indicator which breaks it out of the . This combined with rising prices that break the resistance line in BTC's .
3. For a better conformation of more uptrend, look for both BTC to break the resistance line in the and signals.
4. Look for DOJI's followed by higher highs. This may suggest a coming reversal of this downtrend.
I would like to disclose that although in the short term I am on Bitcoin , in the long term I am very and very curious what kind of price rally we will see at the Bitcoin bowl.