Hi!
Looks like FIL/USD is ready to bounce - if BTC/USD holds up its end of the bargain ofc.
Note that the bullish divergence is weak, so do not take this to be a clear buy signal in itself. However, in combination with very tight BB and lower end of flag, it looks very promising.
As I said - watch BTC/USD before making a move.
DYOR.NFA.
Looks like FIL/USD is ready to bounce - if BTC/USD holds up its end of the bargain ofc.
Note that the bullish divergence is weak, so do not take this to be a clear buy signal in itself. However, in combination with very tight BB and lower end of flag, it looks very promising.
As I said - watch BTC/USD before making a move.
DYOR.NFA.
Comment:
Also note: It might go to support at around 1.25-1.26 before bouncing if BTC/USD trades sideways/goes to previous bottom of 47.5k.