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STRAT/BTC: Downtrend Still In Tact

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RSI is still in downtrend. If it is able to stay above 56 we can call for a reversal.


This is not trading advice, do your own research. You are responsible for your own trades and investments.
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Potential repeating cycle here.
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RSI has failed to break into bullish territory. This bounce down from 60+ RSI is expected. Price is currently just above mid line of the fork, 4 hour chart shows RSI can still fall to oversold level which would out us around .00062. Lets see if it can retest .0009 BTC in November.

I would be cautious trading this pair as it lacks volume and BTC is currently strong, and we have Segwit2x coming in mid November which is dangerous for alts.

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