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RE: BTC Daily Chart update - May 21, 2018

in #cryptocurrency6 years ago (edited)

Agree with all you've said. I'd add that the daily Hull MA has turned green, which I've not seen faked out so I give it some weight, also the StochRSI has lifted from a double bottom where it's been for the last week plus, and the multiple time frame RSI divergence has stopped wicking. A lot of good indicators, but too early to be confirmed. Climbing over 8900,9000 will clearly be a huge boost in confidence to a recovery. Screen Shot 2018-05-21 at 10.21.23 AM.png