Technical analysis Viberate. VIB-BTC on May 21, 2018

May 25, 2018

Coming to the oversold condition on 12-hours timeframe, Stoch RSI is almost on the bottom and soon will be ready to bounce, MACD is bullish showing the further price increase, ADX looks good and shows the strong trend continuation, which is uptrend. We have a chance to consolidate in 2200-2400 zone, but the market is getting ready to test the local resistance at 2500, as soon as we reach this level, we will get a good opportunity to touch 2650, 2800 and 3000

All the articles