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AlanSantana
Nov 23, 2021 6:42 PM

POND Breaking Out Of Its Downtrend (100% Mapped) Long

POND / BitcoinBinance

Description

We have bullish divergence with the MACD and RSI on the PONDBTC chart.

Notice the higher low on the MACD (we have a lower low on PONDBTC):


The bullish divergence in present since October on the RSI.

With prices now safely trading above the EMA50 magenta line (0.00000159), this can signal that PONDBTC is ready to move up.

The downtrend has been broken.
100% is possible on the next jump.

This is not financial advice.

Thanks for your support.

Namaste.
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