". There is a possibility of temporary retracement to suggested support line (0.0000577).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. LENDBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which...
Bitcoin recently crash out of the triangle it had been forming for months. The result was a relatively violent, however short-lived, downtrend. The trend phase had a very negative gradient which has since flattened out as shown by the red curved lines. This shows that the move is losing angular momentum. In fact, it's entering a consolidation phase. The likely...