BTC is still in a descending flag. For the 3rd time it rebounded on the lower band of the flag.
RSI and MACD are showing positive divergence with higher lows while BTC has printed a lower low.
Moreover, there was a significant increase in volume on the rebound which is positive.
This could give some impulse and it will probably trade higher to test the resistances.
Legal Disclaimer: I am not a financial advisor. This article is only meant for use as informative or entertainment purposes. It is not a recommendation to buy or sell anything.
