BTC Daily Candle Turns Green

Neither this nor any other post on cryptofal.com, should be taken as financial advice. It is not.

BTC is currently testing a strong line of resistance as it turns today’s daily candle green. If this continues, we may actually break areas of resistance. The MFI is trending upwards and the MACD is attempting to, however it is still moving fairly neutrally. Volume is attempting to settle, but if it increases into this uptrend then that would be a fairly bullish sign.

ETH is also breaking an area of resistance. Its MFI is moving fairly neutrally currently, and so is the MACD. It should be noted that volume is decreasing.