mlotis
Long

CDT double bottom, bullish divergence. 500% possible.

BINANCE:CDTBTC   Blox / Bitcoin
BINANCE:CDTBTC has completed the double bottom , we just are looking for a bounce from here. All alts are down and could move further down against Bitcoin as it moves up. However I think the ALT rally starts now. CDT also has rested upon support of the downward trend line it broke several months ago. These are all bullish indicators, as well as the MACD about to cross even with price moving downward ( bullish divergence ), the RSI has never been lower on the daily except since when CDT went on a tear almost a year ago from this exact same price to over 500 sat, a 500% gain.
Comment: A closer look at the MACD shows support at this level, confirmed twice before and was resistance two times before that.

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