Very interesting trend/momentum change occurring on daily chart around 15th August.
9 EMA has crossed over 21 EMA and 50 EMA as well as 21 EMA crossing over 50 EMA. Now all 3 heading in same direction signalling a potential change in and strong bullish trend. This is the first time these have crossed in this way to signal a trend/momentum change since BIT had breakout after phase 2 trial announcement.
Watching very closely for breakout this week.
BIT Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held
