Music - Who is playing?

273
Musicoin dropped below major bullish trend line (green line) and bounced off of at a support line (1. blue line) at ~360Sat. Its currently back inside the trendchannel.
On daily chart:
  • RSI is rising and oversold (+)
  • MACD signials a change in movement direction but not crossed (+)
  • Volume did not increased, it stays inside a falling wedge (-)
  • Cloud still bearish, conversion line below base line (-)



On 4h chart:
syot kilat
  • RSI overbought but slightly pointing upwards(-)
  • MACD crossed and pointing upwards (+)
  • Coversion line moving at base line, may cross. (+)



Mixed signals, I would suggest waiting if #Music stays safe inside the trendchannel and support holds.
UbI update came out, may boost the market.

Next support at ~300Sat

Penafian

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