BTCUSD MONTHLY

We can see 21ema as strong support and resistance on the monthly candle chart. The KD and RSI on KDJ & RSI indicator is not yet at their relative lowest, however, J on KDJ is meeting new lows, which can mean a short term bullish bounce or maybe the start of a slow bullish uptrend. Macd is showing almost maximum convergence, which means we may naturally see some volatility soon when they begin to diverge. Volume has been decreasing all year. High volume will confirm breakout