Skyrex

SLSBTC Bullish hidden divergence

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BITTREX:SLSBTC   SaluS / Bitcoin
The analysis has started with Bollinger Bands indicator, it was found that before each huge growth of this coin there is a contraction in BB channel, and now a similar contraction is forming. Moreover the price touched Fib 0.618 support level and started to bounce from it. Stoch RSI strengthen this idea. The strongest argument the coin is in bullish mood is that there are higher low at the price chart and at the same time lower low at oscillators chart which means there is a bullish hidden divergence. Our team recommends this coin in the mid term.
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