фото показано с : bitcoints.com
2018-6-28 16:58 |
So, going by the technicals alone, it seems safe to say that BTC is likely to find acceptance below the February low of $6,000 soon.
Thus, there is merit in the bears being cautious, as a corrective rally can’t be ruled out.
Daily chart
The falling channel and downward sloping Bollinger Bands (standard deviation of +2, -2 on 20-day moving average) indicate that the bear grip on bitcoin is still intact.
The Chaikin money flow (CMF), an oscillator that measures buying and selling pressure, remains below zero, indicating strong selling pressure.
The longer the CMF remains the remains in a zone (either above zero or below zero) the more consistent the sentiment.
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