Prothius187

Bullish divergence

HUOBI:BTCCNY   None
As predicted, price has continued to ride down the cloud, but OBV and Accum are both showing bullish divergence as price continues to show lower lows and OBV and Accumulation continue to rise. CCI was signaling a new downtrend, but has returned to neutral. Waiting another 24 hr period for potential entry as the cloud will slightly ease up on price at that point. If price continues to ride the channel, then waiting to see what happens at the 4300 support will be key. If price follows the cloud upwards out of channel, then looking to Aug 3-4 when the cloud thins to a minimum for a potential break upwards.
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