All cryptocurrencies due for price correction
Here is a bitcoin example.
Price has entered a falling channel which normally breaks out upward. Also, both MACD and RSI are showing divergence. Both of these added together call for a future jump up in price. As of now, price should fall to the lower supports of the channel, or that orange line in the middle.
Price has entered a falling channel which normally breaks out upward. Also, both MACD and RSI are showing divergence. Both of these added together call for a future jump up in price. As of now, price should fall to the lower supports of the channel, or that orange line in the middle.