Volatility in BTSBTC value
Previously I mentioned we are in the accumulation phase and recently there was quite a lot of volatility in the price the last week. This has been continuing for a week or two.
I have seen many technical analysts indicate a long. We are still in the accumulation phase and a drop is still possible. I mentioned I bought at 0.000013 and I am still holding.
On the daily I still cannot see a definitive change in volume to indicate a new trend. Thus we are still continuing in the accumulation phase.
Confirming the observation using the RSI
The RSI is currently 55 and this is neutral at current.
I mentioned last two times that a long is recommended. I still recommend the long, but keep holding. It might still take a while, but the upside is real.
Till next time,
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