BTCUSD no rallies yet
1. Conversion line down-crossing the baseline
2. Large candle down-crossing both the conversion and baseline
3. Well resisted by the cloud
4. No cloud conversion ahead
5. Lagging span well below the cloud
Short term:
6. Baseline may have some magnetic effect, driving the price upwards
others:
7. MACD still below zero
8. Stoch buying sign
Conclusion: may have a short term rise up to 3900, longer term still bearish
2. Large candle down-crossing both the conversion and baseline
3. Well resisted by the cloud
4. No cloud conversion ahead
5. Lagging span well below the cloud
Short term:
6. Baseline may have some magnetic effect, driving the price upwards
others:
7. MACD still below zero
8. Stoch buying sign
Conclusion: may have a short term rise up to 3900, longer term still bearish
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