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joemccann
21 lug 2018 18:28

Ethereum Bouncing From Oversold State 

Ethereum / BitcoinPoloniex

Descrizione

After a vicious down move, #BTCETH is bouncing off a heavily oversold state.

3 days below the lower bollinger band places the price more than 2 sigmas below the 20 DMA. After the RSI went below 30, Ether bounced, but the volume here is weak.

Risk/reward favors bulls but trend is quite bearish.

t.me/joescrypt/2368
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