Bearing indicators...
Indicators starting to become more bullish.
Several attempts to break BTC below 6500 have failed... Bulls may regain some confidence and push horizontally to the downward sloping trend line...
Expecting a pull back to the long term trend line
Bearish indicators are reversing...
Battle at the 'long term trend line'... RSI fell below 30 and reversing (bullish)... Was yesterday's low of 6470 enough? (I think so) The bulls need to push over the 'long term trend line' which is at the 7125 level...
RSI is below 30, when reverses above 30 it will indicate an upward move...
Indicators are bearish... RSI reversal soon ?
Needs to break over the 20MA... if not soon, then it will retest lower channel trend line
Need to push above the 20 MA... MACD is now Bullish
Need to break above 20 MA...
Needs to break thru the 20MA...
RSI and MACD starting to turn bullish
Reversal in Progress