Blox (CDTBTC) is now trading above EMA10 on Binance, gaining bullish potential now that it is above the first and main barrier.
Our second barrier/resistance is EMA50 (0.00000141) which is being challenged as I write this.
If CDTBTC can break and remain above EMA50, there is a good chance that it will move up and produce some nice profits/gains.
We can also notice several higher lows and a potential ascending channel.
Both the MACD and RSI are on the bullish zone with plenty of room available for growth.
This is a good set up here, remember to use a stop-loss if you decide to trade and be ready for all scenarios, bearish and bullish.
Thanks a lot for reading.
Feel free to hit like now, if you want to show your support.
This is Alan Masters.
Namaste.
This is not financial advice. All the information shared by Alan Masters or on this channel is intended solely for educational and entertainment purposes only.