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JJ_TA
Feb 20, 2018 8:51 AM

Higher low sign of reversal? Long

Description

BINANCE:CNDBTC Is currently in a big correction losing at a certain point almost 50% from its local high 2 weeks ago and over 60% from its ATH. The current candle is looking to form a higher low which might indicate a reversal. The RSI also indicated overselling. A convincing close above the trend line might conform a reversal

Comment

The candle is closed and the higher low is confirmed. Movement is still very volatile so trade with caution
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